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What is the average currency holding of Canadian dollars relative to Canadian population?
Business Cycle Peak
The business cycle peak is the point at which an economy transitions from a period of expansion to a period of contraction, marking the highest level of economic activity before a downturn.
Cyclical Unemployment Rate
The rate of unemployment caused by changes in the economic cycle, such as recessions or expansions.
Frictional Unemployment Rate
Frictional Unemployment Rate refers to the percentage of the labor force that is voluntarily moving between jobs, careers, or locations.
Structural Unemployment Rate
The long-term and chronic unemployment that exists even when the economy is at its productive best, often due to mismatches between skills and job requirements.
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