Wednesday , September 28 2022

Canadian unemployment rate is low; The economy adds 94,100 jobs in November


The Canadian economy registered 94,100 jobs in November in full-time high recruitment, and the unemployment rate was low at 5.6 per cent all the time. Statistics Canada said on Friday.

The profit was much higher than the 11,000 new forecast for the Reuters survey. Full-time jobs accounted for 89,900 in the recruitment of stronger private sectors, with part-made positions of 4,100.

The report will give Stephen Poloz the Bank of Canada's relief on Thursday as he warned the economic downturn in October.

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That said, the average annual wage growth in fixed-term workers – closely related to the central bank – fell in the sixth month, dropping 1.5%, among the lowest of 1.2% in July. In 2017

The number of jobs generated increased by 94,100 (a month-on-month increase of 0.5%) in March 2012, with 94,000 eclipsing records.

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