Monthly Business Cycle Indicators: Canada (opens in new tab)

Friday release of May employment (labor force survey): Figure 1: Monthly employment from Labor Force survey (blue), nonfarm payroll employmet from Survey of Payroll, Employment and Hours (SPEH) (red), and monthly GDP (green), all in logs, 2025M10=0. Source: StatCan, and author’s calculations. The last two observations on civilian employment — based upon population controls, etc. […]