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Economists expect one last BoC rate hike as possible recession looms

The Bank of Canada is expected to announce yet another interest hike on Wednesday, and economists are hoping that it will be the last one for a while, with some warning it could be a step closer to recession as Canada tries to balance the need to fight inflation with the growing pressure on the housing market.
Jim Stanford Taylor Schleich Jimmy Jean National Bank Centre For Future Work Future Work
Source: ctvnews.ca

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Life on minimum wage in Calgary was always stressful, but it's even harder now

Alberta has held its minimum wage at $15 per hour since 2018. But advocacy groups say there is a big difference between the minimum wage and a "living wage" — defined as the amount a person needs to meet their basic needs and to modestly participate in a community.
United Kingdom Prince Edward Island Trevor Tombe Jim Stanford Vitor Marciano Caitlyn Lowe
Source: cbc.ca

How does increasing interest rates actually help curb inflation?

Once again, the Bank of Canada has raised its benchmark interest rate — this time to 4.25 per cent — reassuring us that its seemingly unending series of hikes are going to eventually help take the bite out of inflation. For many Canadians, that monetary policy is making tough times tougher. That's by design.
Jim Stanford Chrystia Freeland Tiff Macklem Mark Carney Peter Armstrong Canadian Centre
Source: cbc.ca

Europe – Staffing Industry heading into era of 'Extreme Recruiting' – Executive Forum Europe

The staffing industry is heading into an era of ‘Extreme Recruiting’ with predicted escalating pay rates, a technology arms race, sourcing innovation and changes in the screening process and upskilling according to the opening keynote at Executive Forum Europe 2022 by John Nurthen, Executive Director, Global Research, at Staffing Industry Analysts.
City Of United Kingdom Gerd Leonhard Ursula Williams Federico Vione Bev White

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