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Canada's Unemployment Rate Hits 6.1%
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Canada Inflation Trends Signal Rate Cut ...
Canada's Job Market Rebounds
Canada's Jobless Rate Rises
Cooling Inflation Trend
Cooling Inflation and Potential Rate Cut...
Easing Inflation and the Fed's Response
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Canada's unemployment rate surged to 6.1% in March, marking a decrease of 2,200 jobs nationwide and surpassing forecasts. This rate is the highest since November 2017, reflecting challenging labor market conditions amidst economic recovery, supporting the Bank of Canada's perspective on slack increase. Inflationary pressures continue to pose risks to wage growth.
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How might the rising unemployment rate affect consumer spending and overall economic growth in Canada?
In what ways could the inflationary pressures impacting wage growth impact the overall economic stability of Canada?
What strategies could the government implement to address the labor market challenges and support job creation?
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