HomeLive CommentsCanada employment grew 104k in Dec, unemployment rate down to 5%

Canada employment grew 104k in Dec, unemployment rate down to 5%

Canada employment grew strongly by 104k in December, well above expectation of 5.5k. Total employment also surpassed prior peak in May.

Unemployment rate dropped from 5.1% to 5.0%, below expectation of 5.2%, just above record low of 4.9% reached in June and July. Participation rate rose 0.2% to 65.0%.

Full release here.

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