Canada: Labor market remained strong in April – CIBC

May 6, 2023

in Forex

Reading Time: 1 min read

Data released on Friday showed the Canadian economy added 41,000 jobs in April, more than the 20,000 of market consensus. Analysts at CIBC point out the labor market remained strong in April and warned the still-strong wage inflation will be particularly worrisome for the Bank of Canada (BoC).

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Canada: Labor market remained strong in April – CIBC

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Canada: Labor market remained strong in April – CIBC

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