Economists reacting to July's job figures say there's little in the labour force data to dissuade the Bank of Canada from further cuts to the benchmark interest rate.| Global News
Interpreting job market statistics demands a lot of care right now. The pandemic has muddied the statistical waters and created the illusion that unemployment rates are significantly higher in Canada than in other countries. Erin O’Toole, with a sense of indignation and urgency, has boldly proclaimed that “We lead the G7 in unemployment.” Statistics in … Continue reading In pandemic times, the unemployment rate is not what it seems| Economics for public policy
