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Canada’s unemployment rate ticked down to 6.7% to end 2024
A jump in new jobs helped bring the Canadian unemployment rate down a tick to 6.7 per cent in December, according to Statistics Canada. Canadian employers collectively added some 91,000 net new jobs last month, the agency said. Most of the growth was in full-time work. Job gains were broadly based across multiple industries, led by educational services and transportation and warehousing. The public sector saw a jump of 40,000 jobs, while some 27,000 positions were added in private work. The December unemployment figures compare to a jobless rate of 6.8 per cent in November. Economists had largely expected a slight ... (full story)