January 2017 Employment Forecast

2017 Employment Forecast

Employment Growth Date Completed Growth Rate
Jan-17  -2.66%
     
CIBC World Markets Feb-17 0.00%
Scotiabank Group Mar-17 -2.00% 
TD Economics Dec-16 -1.40% 
BMO Nesbitt Burns Mar-17  -2.00%
Conference Board of Canada Nov-16  -3.00%
RBC Dec-16  -2.50%
Private Sector Avg    -1.82%
NL Department of Finance Sep-16  -4.20%

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.