Business restrictions, labour shortages to hamper economic activity
Omicron could push up the jobless rate this month
Quits were high in the low-wage hotel and restaurant industries
The jobless rate is still above the pre-pandemic level, however, despite recent gains
Model forecast jumps on recent robust readings
The sector faces challenges as the pandemic stymies immigration and causes people to rethink their careers
A CIBC report looks at labour trends and central bank policy
The Labor Department said Friday that 4.4 million people quit their jobs in September
The unemployment rate also hit a pandemic-era low
America's employers added a solid 531,000 jobs in October, the most since July of this year