Jobs Growth Slows in November Struck By Second Wave.

Author: External Author | | Categories: Equity Take Out Mortgage , Home Equity Loan , Investment Property Mortgage , Mortgage Broker , Mortgage Pre-approval , Private Lending

 Blog by Cody Rowe - Mortgage Broker

The November Labour Force Survey, released this morning by Stats Canada, showed an employment increase of 62,000 compared to 83,600 in October–well below the 378,000 gain in September.  This was the weakest job growth in the past six months since the economic recovery began (see chart below). The rapid runup in COVID cases continues to dampen the recovery.

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Original Article Source Credits:    Dominion Lending Centres ,

Article Written By:  Sherry Cooper

Original Article Posted on:  December 4, 2020

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