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Canada's Feb jobs report expected to show 10K jobs added, unemployment rising to 6.6% amid higher labor participation.
Statistics Canada is set to release February employment data, with economists expecting 10,000 jobs added and the unemployment rate to rise to 6.6%, partly due to increased labour force participation.
This follows a 25,000-job loss in January that lowered the unemployment rate to 6.5% as fewer people sought work.
The Bank of Canada’s March 18 interest rate decision looms, with inflation data from February’s consumer price index also due.
Meanwhile, Toronto faces snow and hazardous driving, police are boosting security for a large demonstration, and travel concerns in Cuba and Mexico are prompting Canadians to reconsider vacation plans.
Se espera que el informe de empleos de febrero de Canadá muestre 10K empleos adicionales, el desempleo sube al 6,6% en medio de una mayor participación laboral.