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RBC Previews This Week's Payroll Report in Canada
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RBC Previews This Week's Payroll Report in Canada
Jan 28, 2025 6:17 AM

08:52 AM EST, 01/28/2025 (MT Newswires) -- Statistics Canada will release the Survey of Employment, Payrolls and Hours (SEPH) for November on Thursday, noted RBC.

The bank will be watching job openings in November's SEPH for signs that a persistent rise in the unemployment rate is getting closer to its end.

Job openings in October were still running 23% below year-ago levels, but more recent data from indeed.com has shown some improvement late last year and into January, added RBC.

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