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Statistics Canada set to release December jobs data
Statistics Canada is set to release labour force figures for December this morning. A Reuters survey of economists expects Canada lost 5,000 jobs last month, driving the unemployment rate up a tenth of a point to 6.6 per cent to end the year. The labour market has surprised economists with a strong run in recent months that saw employers add some 181,000 jobs from September through November. Economists at RBC are expecting December's data will show a steeper drop of 35,000 positions to offset unexpected gains in November. RBC is also calling for the unemployment rate to jump to 6.8 per cent in December but say the ... (full story)
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In December, employment was little changed (+8,200; 0.0%) and the employment rate held steady at 60.9%. The unemployment rate rose 0.3 percentage points to 6.8%, as more people searched for work. Employment rose among people aged 55 and older (+33,000; +0.8%), while it fell among youth aged 15 to 24 (-27,000; -1.0%). There were more people working in health ...
The federal government will release December’s unemployment rate and payroll changes Friday morning, helping to make sense of a cooling labor market that has flashed some mixed signals this week. A Bloomberg survey of economists estimates a median gain of 70,000 jobs in the final jobs report for 2025 and an unemployment rate of 4.5% after November’s data ...
From kiplinger.com | Jan 9, 2026
The December jobs report came in lighter than expected, but a lower unemployment rate is likely to encourage the Federal Reserve to keep interest rates unchanged when it meets later this month. Still, market participants are hopeful for at least two rate cuts this year. According to the Bureau of Labor Statistics (BLS), nonfarm payrolls rose by 50,000 in ...
