April 2017 Forecast of Employment Growth

2017 Employment Forecast

Employment Growth Date Completed Growth Rate
Apr-17  -3.58%
     
CIBC World Markets May-17 0.00%
Scotiabank Group Jun-17 -2.10%
TD Economics Jun-17  -2.40%
BMO Nesbitt Burns Jun-17  -2.80%
Conference Board of Canada Feb-17 -4.10%
RBC Jun-17  -3.10%
Private Sector Avg   -2.42%
NL Department of Finance Apr-17  -1.90%

Note:

Benchmark Price  The forecast above was computed assuming an average Brent (USD) price of oil of $52.86 for the 2017 calendar year. The oil price forecasts are provided by the United States Energy Information Agency (EIA).

This forecast was produced using a Vector Autoregressive (VAR) method. Data sources are available upon request.