Canadian Part Time Employment Chg (Feb) 24.5K (Prev. -69.7K)
Newsquawk Staff ·
Canadian Part Time Employment Chg (Feb) 24.5K (Prev. -69.7K)
What it means
The increase of 24.5K in Canadian part-time employment for February, following a significant drop of 69.7K previously, suggests a potential recovery in the labor market. This positive shift could bolster expectations for economic resilience, impacting Bank of Canada policy outlook and supporting the Canadian dollar against major currencies.
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