Canada’s labor market significantly outperformed expectations in January, with employment rising by 76.0k, far exceeding 26.5k forecast. The biggest job gains were seen in manufacturing (+33k, +1.8%) and professional, scientific, and technical services (+22k, +1.1%). The unexpected strength in employment was further reinforced by decline in the unemployment rate from 6.7% to 6.6%, beating market […]
The post Canada’s employment grows 76k, unemployment rate down to 6.6% appeared first on Action Forex.
