2026-06-03 08:21:18
Scotiabank: Canada's Labor Market Weakens; Central Bank Expected to Maintain Pause on Rate Cuts
According to Scotiabank report cited by Jin10 on June 3, Canada's labor market shows weakness as May employment is expected to rise modestly by 10,000, with unemployment holding at 6.9%. The bank noted that in the first four months of 2026, Canada shed over 100,000 net jobs across three months and e