Bank of Canada warns low hire, low fire job market creates ‘inertia’

Bank of Canada External Deputy Governor Nicolas Vincent says the country’s labour market is undergoing structural change — as evidenced by its “low hire, low fire” environment — that will complicate monetary policy decisions. 

Bank of Canada External Deputy Governor Nicolas Vincent says the country’s labour market is undergoing structural change — as evidenced by its “low hire, low fire” environment — that will complicate monetary policy decisions.  CMT News 

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