
Canada's economy created 23,000 jobs in December -- four times what was expected -- although the unemployment rate remained stable at 7.1 percent, the government said Friday.
Analysts had expected about 5,000 jobs to be created last month. A total of 36,000 jobs were lost in November, Statistics Canada said.
But the actual figures must be taken with a grain of salt because the job gains were for part-time workers and self-employed workers.
Employment increased in health care, education, finance, insurance, real estate and manufacturing.
The jobless rate fell in the hospitality industry, commerce and farming, the statistics agency said.
Canada's economy exited a short recession in the third quarter but remains fragile because of low prices for oil and raw materials, and debt-heavy households are spending less.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor