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- Canada’s number of employed people dropped by 4,300 in December
Canada’s number of employed people dropped by 4,300 in December
Statistics Canada released the labour market data on Friday. Canada's unemployment rate remained unchanged at 6.6% in December, in line with expectations.
The number of employed people decreased by 4,300 in December, missing expectations for a gain of 10,300, after a 10,700 decline in November.
Full-time employment in December increased by 53,500 jobs, while part-time work decreased by 57,700.
The labour participation rate fell to 65.9% in December, the lowest since October 2001.
Canada's economy increased 5,100 private-sector jobs in December and added 5,500 positions in the public sector. The number of self-employed workers decreased by 14,900 jobs.
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