-- 加拿大皇家银行(RBC)表示,4月份的加拿大劳动力调查(LFS)将于周五发布,并将成为本周宏观经济的关注焦点。 该行预计,在控制了前所未有的劳动力增长放缓之后,就业形势将基本保持稳定,人均劳动状况将逐步改善。 RBC预测,4月份新增就业岗位约2.5万个,此前1月和2月的就业岗位有所减少,3月份仅部分恢复。 该行指出,即便如此,到2026年前四个月,就业岗位仍将减少7万个,但这些新增岗位仍足以将失业率从6.7%降至6.6%,进一步低于2025年8月和9月7.1%的近期峰值。 RBC指出,联邦政府严格的移民上限和人口老龄化已大幅降低了降低失业率(衡量人均劳动状况的更佳指标)所需的就业增长幅度。 劳动力市场尚未强劲复苏,迄今为止失业率下降幅度仍然“温和”,该银行预计3月份工资的激增不会在4月份重现。 然而,加拿大皇家银行的基本预测假设今年情况将进一步逐步改善,即使就业增长低于历史正常水平,失业率也将在年底前小幅下降至6.3%。
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