March 2017 Forecast of Employment Growth

2017 Employment Forecast

Employment Growth Date Completed Growth Rate
Mar-17  -2.27%
     
CIBC World Markets Feb-17 0.00%
Scotiabank Group May-17 -1.80% 
TD Economics Mar-17 -1.20% 
BMO Nesbitt Burns May-17  -2.80%
Conference Board of Canada Feb-17  -4.10%
RBC Mar-17  -2.50%
Private Sector Avg    -2.07%
NL Department of Finance Sep-16  -1.90%

Note:

Benchmark Price  The forecast above was computed assuming an average Brent (USD) price of oil of $54.55 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.