#Canada #centralbank #ratehikes contributed to increase in #unemployment rate in Canada


Interest rate hikes at Canada’s central bank prompted a 5.8 percent increase in the country’s unemployment rate, according to a survey. Statistics Canada released the results of the November labor force survey on Dec. 1. It found that the jobless rate inched slightly higher to 5.8 percent, a 0.1 percent increase from the 5.7 percent […]