Canada employment rose 21.8k in February, well above expectation of 2.5k. Unemployment rate was unchanged at 5.0%, versus expectation of 5.1%. But that’s just shy of record-low 4.9% in June and July 2022. Labor force participation rate held steady at 65.7%. Total hours worked rose 0.6% mom. Average hourly waves rose 5.4% yoy
