I would like to refer to the study by economist Alexander Lam in relation to the Beveridge curve, which the Bank of Canada published and which you quoted. The study does not attempt to make a concrete prediction of the rise in the unemployment rate, but does predict, in the base case, a 1.5 percentage point rise in the unemployment rate.
For the Bank of Canada, is it a good thing that the unemployment rate is rising, in the current economic climate?