Canada’s unemployment rate rose in June, despite a significant increase in the number of jobs. What impact will this mixed data have on the Bank of Canada as it gives its latest decision on interest rates? This episode, Chief Economist Eric Lascelles discusses what’s new in Canada’s jobs market and weighs in on if recession is finally here. (Recorded: July 10, 2023)

To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/jobs-report-labour-market-softens-but-not-yet-weak/detail/.

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