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Ahead of todays jobs data, RBC is............>

CANADA
CANADA: Ahead of todays jobs data, RBC is forecasting a below consensus print of
+15K for May employment (cons. +23.5K) after April's 1K dip, with the
unemployment rate expected to hold steady near the cycle low at 5.8%. Annual
wage growth for all workers (prev. 3.6% y/y) will continue to be watched closely
as stronger wage growth had been a missing ingredient to the healthy job market
until recently.

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