Skip to Main content

15.24°^C Vancouver

News Entertainment Sports Videos Shows Podcast Contact Us

Nov 8, 2024 2:40 PM - The Canadian Press

Statistics Canada to release October jobs report today

Share On

statistics-canada-to-release-october-jobs-report-today

The Bank of Canada, which lowered its policy interest rate by 1.25 percentage points since June, now says it wants to see the economy rebound.(Photo: The Canadian Press)

Statistics Canada is set to release its October labour force survey this morning, shedding light on employment trends and wage growth last month.

RBC is forecasting the economy added a modest 15,000 jobs and the unemployment rate to have ticked back up to 6.6 per cent.

The jobless rate declined slightly to 6.5 per cent in September.

The Canadian job market has loosened significantly as high interest rates have restrained economic growth.

The Bank of Canada, which lowered its policy interest rate by 1.25 percentage points since June, now says it wants to see the economy rebound.

RBC says it expects the unemployment rate to reach seven per cent next year, before trending lower again.

Latest news

AlbertaMay 15, 2026

Alberta legislature adjourns spring sitting amid separatism debate

Alberta MLAs wrapped up the spring sitting of the legislature this week following months of debate that frequently centred on separatist sentiment and political divisions at the legislature. The sitting included government legislation on issues ranging from public library materials to medical assistance in dying. However, exchanges in question period were often dominated by disagreements over separatism and the role of Premier Danielle Smith’s United Conservative government in responding to the movement. Government House Leader Joseph Schow said the United Conservative Party focused its legi

senior-critically-injured-two-vancouver-police-officers-hurt-after-west-end-vehicle-incident

Senior critically injured, two Vancouver police officers hurt after West End vehicle incident

A senior citizen remains in critical condition and two Vancouver Police Department officers were hospitalized after a driver allegedly rammed multiple vehicles and drove through part of Nelson Park in Vancouver’s West End early Friday morning.According to Vancouver police, the incident began around 5:30 a.m. near Comox and Broughton streets when a vehicle was seen driving erratically and striking several objects, including an area near the Nelson Park dog park. Witnesses in the area reportedly moved out of the vehicle’s path to avoid being hit.Police said the injured senior was operating a

man-charged-after-surrey-shooting-that-injured-woman

Man charged after Surrey shooting that injured woman

A 31-year-old man has been charged following a Surrey Police Service investigation into a November 2025 shooting that injured a woman inside a Surrey residence. Police said frontline officers responded to reports of shots fired at a home near 121 Street and 101B Avenue at about 9:10 p.m. on Nov. 23, 2025. According to Surrey Police Service, a female resident suffered a gunshot wound to the thigh and officers provided emergency medical aid until BC Emergency Health Services arrived. The SPS Major Crime Section led the investigation. Police said investigators identified a suspect and associated

death-toll-rises-to-24-after-russian-missile-strike-on-kyiv-apartment-building-zelenskyy-says

WorldMay 15, 2026

Death toll rises to 24 after Russian missile strike on Kyiv apartment building, Zelenskyy says

Ukrainian President Volodymyr Zelenskyy said Friday that the death toll from a Russian missile strike on a Kyiv apartment building has risen to 24, including three children, after emergency crews completed search operations at the site. In posts published on X, Zelenskyy said rescue workers spent more than a day clearing debris from the damaged nine-storey residential building following Thursday’s attack. Ukrainian officials also reported 48 people injured in the broader assault on the capital, including two children. According to the Ukrainian air force, the strike formed part of what offic

911-communications-workers-in-b-c-vote-95-in-favour-of-strike-action

911 communications workers in B.C. vote 95% in favour of strike action

A union representing more than 700 emergency communications workers in British Columbia says members have voted 95 per cent in favour of strike action as contract negotiations continue with E-Comm, the organization that operates many of the province’s 911 call services. CUPE 8911 said Thursday the vote reflects concerns among front-line staff about staffing shortages, workload pressures and long-term sustainability within the emergency communications system. The union said workers would be in a legal strike position once an essential services order is finalized through the labour relations p

Related News

Carney, Smith expected to unveil Alberta industrial carbon pricing deal tied to pipeline plan

Carney, Smith expected to unveil Alberta industrial carbon pricing deal tied to pipeline plan

Prime Minister Mark Carney and Alberta Premier Danielle Smith are expected to announce an agreement Friday on the future of industrial carbon pricing in Alberta, a move both governments have linked to plans for a new bitumen export pipeline to Canada’s West Coast. According to a source familiar with the discussions, the agreement would see Alberta’s industrial emissions price rise to an effective rate of $130 per tonne by 2040. Alberta froze its industrial carbon price at $95 per tonne last year. The expected announcement follows a memorandum of understanding signed by Ottawa and Alberta i

Indian man pleads guilty in cross-border human smuggling case linked to Canada–U.S. route

Indian man pleads guilty in cross-border human smuggling case linked to Canada–U.S. route

A 22-year-old Indian national has pleaded guilty in a U.S. court in connection with a human smuggling network accused of moving Indian migrants from Canada into the United States illegally, according to the U.S. Department of Justice. Authorities allege Shivam Lnu was involved in a cross-border operation that transported migrants from Canada into New York State between October 2024 and June 2025. Investigators said the network later arranged travel for migrants to other parts of the United States. According to the Justice Department, Shivam’s role included coordinating drivers, arranging pic

Honda pauses proposed $15B EV project in Ontario indefinitely

Honda pauses proposed $15B EV project in Ontario indefinitely

Honda Motor Co. has indefinitely suspended plans for its proposed $15-billion electric vehicle project in Alliston, Ontario, a move that raises new questions about the pace of Canada’s EV manufacturing expansion. The company announced the decision Thursday, citing changing market conditions and slower consumer demand for electric vehicles. The proposed project was expected to create about 1,000 jobs in the region. Honda said the decision will not affect workers or production at its existing manufacturing facility in Alliston, where current operations will continue as planned. The project had

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital