Job Market Monitor
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CIBC
Canada – Most jobs created this year are full-time, well-paid
A new look at Canada’s labour market reveals the first six months of 2012 have seen a big improvement in the quality of jobs that have been created — a surprise that was welcomed Thursday even though the trend likely won’t last. It is already known that Canada’s economy churned out 155,000 new jobs in … Continue reading
Strong Canadian dollar has pushed goods sector wages making Canada a non-costeffective location says a CIBC Report
“Remember 62 cents? Canada’s currency posted its all-time weakest monthly close against its American cousin exactly a decade ago, making a dramatic U-turn thereafter. Despite leveling off in recent years, the US¢/C$ exchange rate remains 60% stronger than it was a decade ago and is also more than 20% firmer than a trade-weighted basket of other major currencies” write Avery Shenfeld and … Continue reading
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