Skip to Main content

5.44°^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

akal-takht-acting-jathedar-meets-family-of-slain-jalandhar-teen-calls-for-strongest-penalties

IndiaNov 27, 2025

Akal Takht acting Jathedar meets family of slain Jalandhar teen, calls for strongest penalties

The acting Jathedar of the Akal Takht, Giani Kuldeep Singh Gargajj, met with the family of a 13-year-old girl who was killed during an alleged attempted sexual assault in Jalandhar, urging authorities to pursue the maximum punishment allowed under law. The visit comes as community members continue to express concern about the handling of the case. During the meeting, the Jathedar offered prayers for the victim and received a detailed account of the events from the family. He assured them that the Panth’s highest temporal seat, along with the broader Sikh community, supports the family as the

fintrac-warns-of-rising-child-sexual-extortion-cases-tied-to-organized-crime

CanadaNov 27, 2025

Fintrac warns of rising child sexual extortion cases tied to organized crime

Canada’s financial intelligence agency says financially motivated sexual extortion involving children is becoming more frequent, with many cases showing signs of organized criminal involvement. The Financial Transactions and Reports Analysis Centre of Canada has issued a new alert urging banks and other reporting entities to watch for financial patterns that could signal online extortion or broader child exploitation activity. The agency notes that offenders often threaten to release intimate images or videos of young victims unless money or additional content is provided. Officials say the

AlbertaNov 27, 2025

Alberta pair charged in historic northern Ontario sexual assault case

Alberta RCMP say two people now living in Wetaskiwin County have been charged in connection with a sexual assault investigation launched in northern Ontario, involving incidents reported to have occurred several years ago. According to the Ontario Provincial Police, the alleged offences took place in Gillies Township, a rural community southwest of Thunder Bay, between 2020 and 2022. Investigators have charged a 73-year-old man with two counts of sexual interference and two counts of sexual assault involving a person under the age of 16. A 63-year-old woman is facing three counts of assault. P

alberta-premier-says-ucp-mlas-prepared-to-answer-recall-challenges

AlbertaNov 27, 2025

Alberta premier says UCP MLAs prepared to answer recall challenges

Alberta Premier Danielle Smith says members of her United Conservative caucus are ready to defend their work as several MLAs face active recall petitions across the province. More than a dozen campaigns have been launched under Alberta’s recall legislation, which allows constituents to attempt to remove an elected official before the next general election. Smith pointed to two senior ministers as examples of what she described as a strong government record. She said Education Minister Demetrios Nicolaides has overseen significant increases to school operating and capital budgets, and that Se

former-surrey-employee-charged-after-police-probe-alleged-2-5m-municipal-fraud

CanadaNov 27, 2025

Former Surrey employee charged after police probe alleged $2.5M municipal fraud

Surrey police say a former municipal staff member is facing several criminal charges after an investigation into what officials describe as a multi-year fraud that cost the city an estimated $2.5 million. The case began last year when the City of Surrey reported financial irregularities involving its internal payment systems. According to the Surrey Police Service, the RCMP’s economic crimes unit examined allegations that the employee had gained unauthorized access to municipal financial platforms and created fraudulent documentation connected to her duties. Investigators allege the actions

Related News

Fintrac warns of rising child sexual extortion cases tied to organized crime

Fintrac warns of rising child sexual extortion cases tied to organized crime

Canada’s financial intelligence agency says financially motivated sexual extortion involving children is becoming more frequent, with many cases showing signs of organized criminal involvement. The Financial Transactions and Reports Analysis Centre of Canada has issued a new alert urging banks and other reporting entities to watch for financial patterns that could signal online extortion or broader child exploitation activity. The agency notes that offenders often threaten to release intimate images or videos of young victims unless money or additional content is provided. Officials say the

Former Surrey employee charged after police probe alleged $2.5M municipal fraud

Former Surrey employee charged after police probe alleged $2.5M municipal fraud

Surrey police say a former municipal staff member is facing several criminal charges after an investigation into what officials describe as a multi-year fraud that cost the city an estimated $2.5 million. The case began last year when the City of Surrey reported financial irregularities involving its internal payment systems. According to the Surrey Police Service, the RCMP’s economic crimes unit examined allegations that the employee had gained unauthorized access to municipal financial platforms and created fraudulent documentation connected to her duties. Investigators allege the actions

Winter to Arrive Early Across Canada, Weather Network Forecasts Colder December

Winter to Arrive Early Across Canada, Weather Network Forecasts Colder December

Canada is expected to see an early and sharp onset of winter this year, with frigid Arctic air pushing temperatures below seasonal averages, according to the Weather Network’s seasonal forecast. The outlook, covering December through February, also predicts near or above normal snowfall and precipitation across much of the country. Meteorologist Doug Gillham said there is still some uncertainty about whether the coldest periods will affect the entire country or remain concentrated in Western Canada. Regardless, he called it a “December to remember,” noting that the forecast does not poin

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital