Canada employment grew 104k in Dec, unemployment price down to five%

Canada employment grew strongly by 104k in December, properly above expectation of 5.5k. Whole employment additionally surpassed prior peak in Could.

Unemployment price dropped from 5.1% to five.0%, beneath expectation of 5.2%, simply above document low of 4.9% reached in June and July. Participation price rose 0.2% to 65.0%.

Full launch right here.