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Scotiabank Previews Friday's Jobs Market Report in Canada

BY MT Newswires | ECONOMIC | 02/06/26 07:47 AM EST

07:47 AM EST, 02/06/2026 (MT Newswires) -- Canada will publish the Labour Force Survey (LFS) for January at 8:30 a.m. ET on Friday, said Scotiabank.

The bank has gone with an estimated gain of 15,000 and a stable unemployment rate of 6.8%.

Canada has surprisingly created almost 200,000 jobs over the past four months of consecutive gains, stated Scotiabank.

The bank thinks part of the reason is that, despite trade uncertainty, the capital-labor ratio shifts more toward labor to achieve output plans, while business investment continues to shrink.

Scotiabank advised to watch the trend, not any one particular month.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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