Dollars and SenseNews
Canadian unemployment fell in December, economy added 35,200 jobs
Source: The Canadian Press, January 10, 2020
The Canadian economy added 35,200 jobs in December, fuelled by a gain in full-time jobs, to post the first monthly increase in jobs since September.
Statistics Canada said Friday the unemployment rate fell to 5.6 per cent for the final month of the year, compared with a rate of 5.9 per cent in November when the country lost 71,200 jobs, the biggest monthly loss of jobs since the financial crisis.
The federal agency’s monthly labour force survey said the increase in the number of jobs in December came as full-time employment rose by 38,400 jobs. The number of part-time jobs fell by 3,200.
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