Economists are apparently ‘scratching their heads‘ over Canada’s humdrum economic growth.
The US has been growing new jobs lately, but not so much here at home.
In June, Canada lost 9,400 positions and the jobless rate edged up to 7.1%, the highest reading in six months. On Friday, Statistics Canada will release its labour force survey for July.
The Canadian economy “should improve next year when stronger U.S. growth helps to boost hiring and investment here at home,” the Conference Board’s Mr. Hodgson said in Tuesday’s report.
Read the full article over at the Vancouver Sun.