RE:RE:RE:RE:Wholesale and Retail trade jobs Let me rephrase as my orignial post missed some text...
Comparing post-covid data to other historical data that was not a result of a once-in-a-century event may be flawed. Covid and beyond has created many "firsts" which in hindsight may be considered anomalies. The book out on this is not yet written.
flamingogold wrote: Comparisng post covid to other historical data that was not created as a result of once in a century event may flawed. Covid and beyond has created many "firsts" which in hindsight may be considered anomalies. The book is not written yet.
Torontojay wrote: Nobody really knows how bad this recession will be. A number of coincident economic indicators confirm that the recession has already landed in Canada. It's unclear how long and deep it will be.
Interest rate cuts coincide with an increase in the unemployment rate which has already risen 90 basis points from trough levels. This has never occurred outside of a recession in Canadian history.