Canada’s job market continued to cool off in December, shedding 4,300 positions after a loss of 10,700 jobs in November, while the unemployment rate remained at 6.6 per cent, Statistics Canada said on Friday.
Market analysts had expected an increase of 15,000 jobs. The two months of fairly small declines followed big gains in September and October.
via Financial Post
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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