Canadian retail added nearly 38,000 jobs over two months, but almost all of it is street-level and part-time, and the sector is still down year over year. The rebound is real. So is its unevenness.
Retail has quietly become one of the brighter spots in the Canadian
Canada's factories expanded in July at their fastest pace since 2022, and they kept hiring for a fourth straight month. Read the fine print, though, and the story is about caution as much as strength.
There has not been much good news for Canadian manufacturing to celebrate lately,
Headline inflation went up in July, and on its own that sounds like the kind of news that unsettles a hiring plan. Statistics Canada reported that the consumer price index rose 3 percent year over year, up from 2.8 percent in June, with prices climbing 0.3 percent on
Headline inflation went up in July, and on its own that sounds like the kind of news that unsettles a hiring plan. Statistics Canada reported that the consumer price index rose 3 percent year over year, up from 2.8 percent in June, with prices climbing 0.3 percent on
Canadian retail added nearly 38,000 jobs over two months, but almost all of it is street-level and part-time, and the sector is still down year over year. The rebound is real. So is its unevenness.
Retail has quietly become one of the brighter spots in the Canadian
Canada's factories expanded in July at their fastest pace since 2022, and they kept hiring for a fourth straight month. Read the fine print, though, and the story is about caution as much as strength.
There has not been much good news for Canadian manufacturing to celebrate lately,
Canada's service sector slid back into contraction in June, dragging the whole private economy down with it. Yet services employers kept hiring, and that contradiction is the story staffing should be watching.
Manufacturing has been getting the good headlines, but manufacturing is the smaller story. Services employ the
Canada's headline inflation rate fell to 2.8 percent in June, its slowest pace since April. But beneath the cooling numbers, the details that matter most to employers — wages, core prices, and where the next price shock might come from — tell a more complicated story about the year
Canadian consumers spent cautiously but consistently in June, according to new transaction data from RBC Economics, offering a snapshot of a household sector still absorbing higher energy costs while finding room for concerts, dinners out and new clothes. For staffing firms and their clients, the report is less a single
The mandatory joint review of the Canada-United States-Mexico Agreement arrived on July 1 without a renewal, a headline that on its face sounds like the kind of trade-policy failure that ripples quickly into hiring plans. It isn't, according to a new analysis from RBC Economics,
RBC's latest reading on GDP shows goods-producing industries, not services, doing the heavy lifting, a pattern that tends to favor a narrower slice of the staffing market than a broad-based recovery would.
Canadian economic activity rose 0.5 percent in April, according to RBC Economics, a
