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Canada’s Labour Engine Refuses to Die

Canada's job creation machine was supposed to be broken.

Instead, its rusty gears just churned out a whopping:

  • 66.6k net jobs in October (est. -2.5k | prior 60.4k)
  • 6.9% unemployment (est. 7.1% | prior 7.1%)
  • 4.0% wage growth for permanent employees
    ​ ​ ​

Even the most feathery of doves can't deny that these headline numbers were shockingly racy for an economy that's supposedly sputtering.

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