The Canadian economy added 91,000 jobs in December, and the unemployment rate dipped to 6.7 per cent from the previous month’s 6.8 per cent, Statistics Canada said on Friday.
Economy added 91,000 jobs that month, above expectations
The Canadian economy added 91,000 jobs in December, and the unemployment rate dipped to 6.7 per cent from the previous month’s 6.8 per cent, Statistics Canada said on Friday.
Job growth was more than triple the amount expected by economists, who guessed on average that 25,000 jobs would be added in the final month of 2024.
The average hourly wage rose by 3.8 per cent ($1.32, to bring it to $35.77 per hour) compared to the same period last year.
More to come.
ABOUT THE AUTHOR
Jenna Benchetrit is the senior business writer for CBC News. She writes stories about Canadian economic and consumer issues, and has also recently covered U.S. politics. A Montrealer based in Toronto, Jenna holds a master’s degree in journalism from Toronto Metropolitan University. You can reach her at jenna.benchetrit@cbc.ca.
