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FXMAG COM>Articles>Forex>Analysts At TD Securities:...
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Analysts At TD Securities: " We Expect Full-Time Employment To Drive The Headline Print Amid Scarce Labour Supply."

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Analysts At TD Securities: " We Expect Full-Time Employment To Drive The Headline Print Amid Scarce Labour Supply."| FXMAG.COM
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Table of contents

  1. Wages to push higher to 5.5% y/y

    Previewing the upcoming jobs report from Canada, analysts at TD Securities said that they expect employment to rise by 8,000 in December with the labour market starting to cool down.

    Wages to push higher to 5.5% y/y

    "This should push the unemployment rate back to 5.2%, although we expect full-time employment to drive the headline print amid scarce labour supply."

    "We also look for wages to push higher to 5.5% y/y with help from muted base effects, while hours worked should see a modest increase."

     

    Read next: The First Trading Day Of 2023: GBP/USD Is Trading 1.2051, USD/JPY Pair Below 131, The Aussie Pair Is Around 0.68 And EUR/USD Above 1.0680| FXMAG.COM

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