December 2016 Forecast of Employment Growth
2016 Employment Forecast
| Employment Growth | Date Completed | Growth Rate |
| Dec-16 | -1.51% | |
| CIBC World Markets | Feb-17 | -1.50% |
| Scotiabank Group | Jan-17 | -1.50% |
| TD Economics | Dec-16 | -1.20% |
| BMO Nesbitt Burns | Feb-17 | -1.40% |
| Conference Board of Canada | Aug-16 | -0.70% |
| RBC | Dec-16 | -1.20% |
| Private Sector Average | -1.25% | |
| NL Deptartment of Finance | Sep-16 | -.130% |
Note:
| Benchmark Price | The Benchmark Price of $43.55 is the average monthly Brent spot price provided by the United States Energy Information Administration (EIA) for the year 2016. |
CARE forecasts assume monthly Oil Production to be approximately 6,397,585 bbls. Forecast uses complete data as of December 31st, 2016.