Canada’s employment grew 24.9k in November, better than expectation of 14.2k.
Unemployment rate rose from 5.7% to 5.8%, matched expectations, and continuing an upward trend observed since April.
Total hours worked fell -0.7% mom and were up 1.3% on a year-over-year basis.
On a year-over-year basis, average hourly wages rose 4.8%, similar to the increase recorded in October.
