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Canada's Job Market Rebounds
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Canada's January jobs growth exceeds expectations, leading to a drop in the unemployment rate to 5.7%. The Bank of Canada's expectations for a first rate cut in June remain unchanged, with a forecast for 25 basis point fewer cuts by the end of the year.
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How might the unexpected job growth in Canada impact other countries' labor markets?
In what ways could the labor market's firmness in Canada affect global economic stability?
What factors could influence the Bank of Canada's decision on rate cuts, and how might this impact the Canadian economy?
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