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analysis.hotforex.comEvents to Look Out for Next Week

Started by,,, Mar 04, 2022, 04:05 pm

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Events to Look Out for Next Week

  • Employment data (CAD, GMT 13:30) -Canada's employment fell -200.1k in January following the -207.1k tumble in April, as Covid restrictions weighed on the labour market. The drop was larger than expected (we saw -80.0k). The jobless rate jumped to 6.5% from 6.0% (revised from 5.9%). Full time employment slipped -82.7k after a -6.1k drop. Part time positions saw a -117.4k drop following the 11.4k rise in December. The average hourly wage rate of permanent employees, a BoC favourite, rose 2.4% y/y after the 2.7% y/y rate of increase in December.

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Andria Pichidi

Market Analyst

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