Canada adds 104,000 jobs in December

Canada adds 104,000 jobs in December
Canada adds 104,000 jobs in December

OTTAWA – Canada added 104,000 web new jobs in December, pushing down its unemployment price a tick to five.0 p.c — simply above a report low, the nationwide statistical company stated Friday.

Employment progress, Statistics Canada stated in an announcement, was led by a rise amongst youth aged 15 to 24, in principally full-time work amongst non-students in addition to in part-time work amongst college students.

Beating expectations, general employment positive factors have been noticed within the non-public sector throughout a number of industries together with building, transportation and warehousing.

The ensuing 0.1 proportion level drop within the unemployment price, which got here in simply shy of a report low of 4.9 p.c reached in June and July, marked the third decline in 4 months.

The labor power survey additionally discovered an uptick in work absenteeism resulting from sickness as influenza and different respiratory viruses swept throughout the nation.

Meanwhile, common year-over-year wage progress remained above 5 p.c for a seventh consecutive month. — Agence France-Presse