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Weekly Commentary

Second Wave Causes Employment to Fall Further in Canada

February 5, 2021
François Dupuis • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon


  • United States: 2021 began with a slight increase in jobs.
  • United States: The ISM manufacturing index is pulling back, while the ISM services index is continuing its ascent.
  • Canada: The downtrend in employment steepened in January.
  • Canada: The merchandise trade balance improved slightly in December.

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