Yes, it is. That's one measure of it, and the unemployment rate would be another measure, or the capacity that is in the employment space. There are multiple measures, but that's what we mean.
On April 29th, 2014. See this statement in context.
On April 29th, 2014. See this statement in context.
Governor, Bank of Canada
Yes, it is. That's one measure of it, and the unemployment rate would be another measure, or the capacity that is in the employment space. There are multiple measures, but that's what we mean.
See context to find out what was said next.