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
The report said $4.6 billion went to ineligible people and another $27.4 billion should be investigated
Some U.S. central bank officials encouraged by falling commodity prices, unclogging supply chain