Macklem Q&A: Employment is not negative but is well below population growth

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• Businesses are hiring much more slowly than people are entering the work force
• Youth unemployment has gone up a lot
• We have very high rates of immigration
• If we were to see a rise in unemployment, that would be a concern
• It’s reasonable to expect further rate cuts

This article was written by Adam Button at www.forexlive.com.

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