employment – Benefits Canada.com

Volitility, high inflation to be expected during coronavirus recovery, says Bank of Canada

Gideon Scanlon — Thu, 15 Jul 2021 17:00:34 +0000

Canada’s economy will undergo volatility and inflationary acceleration as the nation recovers from the coronavirus pandemic, warns the governor of the Bank of Canada. “The process of reopening the economy won’t be entirely smooth,” said Tiff Macklem in a speech announcing the release of the central bank’s monetary policy report. “For example, we are experiencing supply […]

The post Volitility, high inflation to be expected during coronavirus recovery, says Bank of Canada appeared first on Benefits Canada.com.

Companies have modest hiring plans, low wage growth expectations, Bank of Canada says

mschmit — Tue, 20 Oct 2020 05:13:56 +0000

Canadian workers and companies expect wage growth to stay low over the coming year over heightened uncertainty from the coronavirus pandemic, the Bank of Canada says in two new reports. The central bank’s business outlook survey finds that wage growth is widely expected to slow over the next year, with some firms reporting a wage […]

The post Companies have modest hiring plans, low wage growth expectations, Bank of Canada says appeared first on Benefits Canada.com.

Survey: Business economists sketch a more hopeful outlook

mschmit — Tue, 28 Jul 2020 04:18:28 +0000

The economic outlook of U.S. business economists has improved over the past three months, though their sunnier view may be jeopardized by the resurgence of the coronavirus. A survey released Monday by the National Association for Business Economics finds a “significant snap-back in expectations from the depths reached across nearly all categories in April,” according […]

The post Survey: Business economists sketch a more hopeful outlook appeared first on Benefits Canada.com.