The Canadian economy added 153.7K jobs in the month of November, well above expectations for a 35K and a marked acceleration from the 31.2K jobs added in October. 79.9K of these job gains were in full-time employment. Meanwhile, the unemployment rate dropped to 6.0% from 6.7% in October, a significantly larger decline than the expected drop to 6.6%.
Tags Canada
Check Also
RBA Holds Rates Steady, Signals Prolonged Tight Monetary Policy Amid Persistent Inflation
The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35% on Tuesday, …