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Economists had predicted the unemployment rate to remain steady.
The latest wage growth figures of 7.7 percent come amid a slowing inflation rate, which is currently at 6.7 percent.
Canada’s January jobs report showed considerable strength in a number of areas; however, private sector economists’ forecasts got it completely wrong, as did the Bank of Canada
Canada’s labour market must overcome significant challenges, but one field that could contribute is information and communications technology (ICT).
