Canada: Economy to add 20k jobs in July – TDS
|Analysts at TD Securities (TDS) provide a brief preview of what to expect from today’s Canadian employment data due on the cards at 1230 GMT.
Key Quotes:
“We look for the economy to add 20k jobs in July on a rebound in private sector employment. Full-time employment should lead job growth while a moderation in labor force growth will allow the unemployment rate to edge lower to 5.9%.
Wage growth is likely to edge push higher to 3.6% y/y.”
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