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Canada gains more jobs than forecast in December, jobless rate takes surprise dip

  • Canada's economy added nearly 90,900 jobs in December, which was nearly quadruple the forecast of 25,000 jobs, according to Statistics Canada data.
  • The unemployment rate in Canada surprisingly fell to 6.7% in December, down from 6.8% in November, as reported by Reuters.
  • The average hourly wage growth for permanent employees slowed to 3.7% in December, the slowest since April 2022, according to Statistics Canada.
  • Canada's employment rate increased for the first time since January 2023, indicating a firming job market, as noted by the Statistics Agency.
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Canada added 91,000 jobs in December as unemployment rate fell

Canada added 91,000 jobs in December, shattering economist expectations.

·Toronto, Canada
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Le Devoir broke the news in Montreal, Canada on Friday, January 10, 2025.
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