All eyes will be on the labour force survey at the end of this week
Growth in labour demand, average hourly wages offered slowing
Higher inflation and debt payments are exceeding income growth
Canada’s April inflation figure anticipated to be well below the 5.2% wage growth
Committee needs data confirmation before rate cycle shifts
The agreement includes wage increases plus a pensionable one-time lump sum payment of $2,500
Report suggests the return on education is rising
Average weekly earnings rose 2.9%, StatsCan said
Openings were lower in November, and payroll employment was flat
Central banks must contend with hot labour market but avoid overtightening