Canadian Job Growth in November Blows Past Estimates

Canadian Job Growth in November Blows Past Estimates

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses Canada's job growth, highlighting a significant increase in jobs, particularly full-time positions, and the implications for the economy. Despite positive job numbers, concerns about decelerating wage growth and its impact on consumer spending and interest rates are raised. The Bank of Canada's stance on interest rates is examined, with skepticism about a rate hike due to oil sector challenges. The video also analyzes sector-specific job growth and the potential effects of oil price fluctuations on future employment trends.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Bank of Canada's decision regarding interest rates?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the overall sentiment regarding the Canadian job market despite the positive job growth?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are mentioned that could affect employment in the oil sector in 2019?

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