Canada’s employment rises 0.1k in Dec, vs exp 13.2k

Canada’s employment rose 0.1k in December, well below expectation of 13.2k. Employment rate fell -0.2% to 61.6%. Unemployment rate was unchanged at 5.8%. Participation rate fell -0.2% to 65.4%. Total hours worked rose 0.4% mom , 1.7% yoy. Average hourly wages rose 5.4% yoy. Full Canada employment release here.

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