Home / Breaking News / Canada: Economy Adds 54.7K Jobs in December

Canada: Economy Adds 54.7K Jobs in December

The Canadian economy added 54.7K jobs in the month of December, above expectations for a 27.5K gain, though still a marked deceleration from the 153.7K jobs added in November, according to the latest release from Statistics Canada released on Friday. Canada saw 122.5K new jobs in full-time employment, whilst part-time employment fell 67.7K. The unemployment rate fell to 5.9% from 6.0% in November, below expectations for it to remain unchanged.

Check Also

Dollar Climbs Amid Trade Talk Confusion and Fed Rate Cut Hopes

The US Dollar gained ground on Friday, with the US Dollar Index (DXY) rising 0.37% …