Skip to Main content

21.14°^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

IndiaApr 20, 2026

Bus crash in Indian-administered Kashmir kills 21, dozens injured

At least 21 people were killed and about 45 others injured after a passenger bus veered off a mountainous highway and plunged down a steep slope in Indian-administered Kashmir on Monday, according to local authorities. Civil administrator Prem Singh said the 42-seat bus was carrying more than 60 passengers from Ramnagar to Udhampur when it collided with an auto-rickshaw at a sharp curve. The impact caused the bus to lose control and fall approximately 30 metres onto a lower road. Officials said 19 people died at the scene, while two others succumbed to their injuries after being transported to

7-4-magnitude-earthquake-off-northern-japan-prompts-tsunami-alert

WorldApr 20, 2026

7.4-magnitude earthquake off northern Japan prompts tsunami alert

A powerful offshore earthquake with a preliminary magnitude of 7.4 struck near Japan’s northern coast on Monday afternoon, prompting a tsunami alert for parts of the region. According to the Japan Meteorological Agency, the quake occurred at approximately 4:53 p.m. local time off the Sanriku coast, at a depth of about 10 kilometres beneath the seabed. Authorities issued a tsunami alert shortly after the tremor, warning of potentially hazardous sea-level changes along affected coastal areas. Public broadcaster NHK reported that waves of up to three metres could reach parts of the northeastern

canada-inflation-rises-to-2-4-in-march-driven-by-gasoline-prices

CanadaApr 20, 2026

Canada inflation rises to 2.4% in March, driven by gasoline prices

Canada’s annual inflation rate increased to 2.4 per cent in March, up from 1.8 per cent in February, according to a report released Monday by Statistics Canada. The agency said this marks the highest level recorded since December of last year. According to Statistics Canada, the increase was largely driven by a sharp rise in gasoline prices. The report links the surge to geopolitical tensions in the Middle East involving Iran, which have affected global oil markets. Gasoline prices rose 21.2 per cent on a monthly basis in March, representing one of the largest increases on record, the agency

how-to-build-a-successful-business-exclusive-with-dragons-den-star-manjit-minhas

How to build a successful business? Exclusive with Dragon's Den star Manjit Minhas

Canada's renowned business personality Manjit Minhas was in Surrey on Thursday. She attended the Surrey and White Rock Women in Business Awards. Meanwhile, in an exclusive conversation with Connect Media Network, she discussed business, investment, start-ups, Dragon's Den and some unique problems faced by women in business.Manjit Minhas in conversation with Connect Media Network News Director, Pervez Sandhu. (Photo - Connect FM)How to make start-ups successful?In an exclusive conversation with Connect FM, when Manjit Minhas was asked about making a start-up successful, she said that many peopl

AlbertaApr 17, 2026

Sexual assault charges against Edmonton-area spiritual leader, wife stayed by Crown

Sexual assault charges against an Edmonton-area spiritual leader and his wife have been stayed, the Alberta Crown Prosecution Service confirmed Friday. Johannes “John” de Ruiter and Leigh Ann de Ruiter each faced six counts of sexual assault and were scheduled to stand trial in September. The charges, first laid in 2023, will not proceed after prosecutors determined there was no reasonable likelihood of conviction, according to a statement from the Crown. Police previously alleged that John de Ruiter, described as the leader of a group known as the College of Integrated Philosophy, also ca

Related News

Canada inflation rises to 2.4% in March, driven by gasoline prices

Canada inflation rises to 2.4% in March, driven by gasoline prices

Canada’s annual inflation rate increased to 2.4 per cent in March, up from 1.8 per cent in February, according to a report released Monday by Statistics Canada. The agency said this marks the highest level recorded since December of last year. According to Statistics Canada, the increase was largely driven by a sharp rise in gasoline prices. The report links the surge to geopolitical tensions in the Middle East involving Iran, which have affected global oil markets. Gasoline prices rose 21.2 per cent on a monthly basis in March, representing one of the largest increases on record, the agency

How to build a successful business? Exclusive with Dragon's Den star Manjit Minhas

How to build a successful business? Exclusive with Dragon's Den star Manjit Minhas

Canada's renowned business personality Manjit Minhas was in Surrey on Thursday. She attended the Surrey and White Rock Women in Business Awards. Meanwhile, in an exclusive conversation with Connect Media Network, she discussed business, investment, start-ups, Dragon's Den and some unique problems faced by women in business.Manjit Minhas in conversation with Connect Media Network News Director, Pervez Sandhu. (Photo - Connect FM)How to make start-ups successful?In an exclusive conversation with Connect FM, when Manjit Minhas was asked about making a start-up successful, she said that many peopl

Air Canada to suspend Toronto, Montreal flights to New York JFK over fuel costs

Air Canada to suspend Toronto, Montreal flights to New York JFK over fuel costs

Air Canada says it will suspend flights from Toronto and Montreal to New York’s John F. Kennedy International Airport starting June 1 through Oct. 25, citing rising jet fuel prices. In a statement, the airline said fuel costs have “doubled since the start of the Iran conflict,” making some lower-profit routes no longer economically viable. The company said it is adjusting its schedule accordingly. The suspension affects service to JFK from Canada’s two largest cities, key routes for business and international connections. Air Canada said customers with affected bookings will be contact

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital