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flag Analysts forecast Canada's unemployment rate to hit 6.9%, highest since pre-pandemic 2017.

flag Analysts predict Canada's unemployment rate will rise slightly to 6.9% in December, the highest since January 2017, excluding the pandemic. flag Despite this, Canada is expected to add about 10,000 jobs. flag This data, due from Statistics Canada, comes before the Bank of Canada's interest rate decision on January 29, with a 25 basis point cut anticipated by RBC, following previous cuts in December and October.

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