November 2016 Forecast of Employment Growth

2016 Forecast

 Employment Growth   Date Completed  Benchmark Price
Nov-16   -1.48%
     
 CIBC World Markets  Nov-16 -1.30%
 Scotiabank Group Jan-17   -1.50%
 TD Economics Dec-16   -1.20%
 BMO Nesbitt Burns  Jan-17  -1.30%
 Conference Board of Canada  Aug-16  -0.70%
 RBC  Dec-16  -1.20%
 Private Sector Avg    -1.20%
 NL Department of Finance  Sep-16  -1.30%

 

Note:


Benchmark Price
The Benchmark Price of $43.27 is the average monthly Brent spot price provided by the United States Energy Information Administration (EIA) for the year 2016. The forecasted monthly Brent spot price is also provided by the EIA.

 


CARE forecasts assume monthly Oil Production to be approximately 6,319,615 bbls. Forecast uses complete data as of November 30th, 2016.