Skip to Main content

-0.85°^C Vancouver

News Entertainment 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

kelowna-rcmp-provincial-gang-unit-seize-weapons-and-drugs-after-enforcement-operation

Kelowna RCMP, provincial gang unit seize weapons and drugs after enforcement operation

Police in Kelowna say a joint enforcement and training effort with a provincial gang unit has led to dozens of arrests and the removal of weapons and drugs from the community. The Combined Forces Special Enforcement Unit’s Uniform Gang Enforcement Team worked alongside Kelowna RCMP and officers from across the Okanagan between January 12 and January 16. The operation focused on identifying repeat violent offenders while also providing specialized training to local officers on weapons, firearms, and drug interdiction. According to police, the multi day initiative resulted in more than 20 new

nearly-10-000-federal-public-servants-warned-of-possible-job-cuts-unions-say

CanadaJan 23, 2026

Nearly 10,000 federal public servants warned of possible job cuts, unions say

Nearly 10,000 federal public servants across multiple departments have been notified in recent days that their positions could be affected by upcoming workforce reductions, according to the unions representing them. The Public Service Alliance of Canada says more than 5,000 of its members received workforce adjustment notices over the past week. Those notices were issued to employees working in several federal departments, including Global Affairs Canada, Transport Canada, Innovation, Science and Economic Development Canada, and Health Canada. Workforce adjustment notices signal that positions

WorldJan 23, 2026

Spain declines to join Trump-backed ‘Board of Peace’ initiative

Spain has declined an invitation to participate in a proposed international initiative known as the ‘Board of Peace,’ which was launched by U.S. President Donald Trump, citing its long-standing commitment to the United Nations system. Spanish Prime Minister Pedro Sánchez said Madrid respects the invitation extended by President Trump but will not take part in the initiative. He stated that Spain’s foreign policy remains firmly anchored in multilateral institutions, particularly the United Nations, which Spain views as the central forum for global peace and conflict resolution. Sánchez

WorldJan 23, 2026

Drone strike in eastern Ukraine kills four, including child, as peace talks continue

A Russian drone attack late Thursday in Ukraine’s eastern Donetsk region killed four people, including a five-year-old child, according to Ukrainian local authorities. Officials confirmed the deaths on Friday, saying the strike hit a residential area. Authorities said five other people were injured in the attack, while at least two homes were completely destroyed. Emergency crews were deployed overnight to assist residents and assess damage in the affected community. Ukrainian officials say Russia continues to press for Ukrainian forces to withdraw from Donetsk, a region that has remained a

high-court-directs-punjab-government-to-decide-amritpal-singh-parole-plea-within-seven-days

IndiaJan 23, 2026

High Court directs Punjab government to decide Amritpal Singh parole plea within seven days

The Punjab and Haryana High Court has directed the Punjab government to take a decision within seven days on a parole petition filed by Khadoor Sahib Member of Parliament Amritpal Singh, who is seeking permission to attend Parliament’s upcoming budget session. The order was passed on Friday during a hearing on Singh’s petition, in which he requested temporary release to participate in the budget session scheduled to begin on January 28. The court instructed the state government to make a timely decision and disposed of the petition after issuing the direction. The case has drawn attention

Related News

Nearly 10,000 federal public servants warned of possible job cuts, unions say

Nearly 10,000 federal public servants warned of possible job cuts, unions say

Nearly 10,000 federal public servants across multiple departments have been notified in recent days that their positions could be affected by upcoming workforce reductions, according to the unions representing them. The Public Service Alliance of Canada says more than 5,000 of its members received workforce adjustment notices over the past week. Those notices were issued to employees working in several federal departments, including Global Affairs Canada, Transport Canada, Innovation, Science and Economic Development Canada, and Health Canada. Workforce adjustment notices signal that positions

Former Canadian Olympic Snowboarder Ryan Wadding Arrested on International Drug Trafficking Charges

Former Canadian Olympic Snowboarder Ryan Wadding Arrested on International Drug Trafficking Charges

Former Canadian Olympic snowboarder Ryan Wadding has been arrested in connection with an international drug trafficking operation, U.S. authorities say. Wadding had been living under the protection of Mexico’s Sinaloa cartel prior to his capture. According to reports, the 44-year-old is accused of running a large-scale drug smuggling network in the United States, moving an estimated 60 metric tons of cocaine annually from Mexico to the Los Angeles area using semi-trucks. The FBI added Wadding to its 10 Most Wanted Fugitives list in March last year. A $15 million reward was offered for inform

U.S. commerce secretary dismisses Carney Davos speech, warns Canada on China ties

U.S. commerce secretary dismisses Carney Davos speech, warns Canada on China ties

U.S. Commerce Secretary Howard Lutnick has brushed aside Prime Minister Mark Carney’s recent remarks at the World Economic Forum, calling them “political noise” and cautioning that Canada’s growing trade engagement with China could complicate future negotiations with Washington. In an interview with Bloomberg TV, Lutnick said Canada already holds “the second-best deal in the world” under existing North American trade arrangements and suggested Carney was unfairly criticizing the United States. Lutnick also warned that Ottawa’s recent agreement with China could disrupt the upcomin

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital