Fake news !!!!
Employment increased for a third consecutive month, up 79,000 in December. The unemployment rate continued on a downward trend, decreasing by 0.2 percentage points to 5.7%, the lowest since comparable data became available in January 1976. The employment increase in December was concentrated in part-time work, which rose by 55,000. The additional employment in December builds on growth observed in October and November. This boosted gains for the fourth quarter to 193,000 or 1.0%, the most robust rate of quarterly growth since the second quarter of 2010. In the 12 months to December 2017, employment was up 423,000 ... (full story)
Canada’s unemployment rate plunged to the lowest in more than 40 years as the economy continues to add jobs at record levels. The jobless rate fell to 5.7 percent in December, Statistics Canada said Friday in Ottawa, the lowest in the current data series that begins in 1976. The number of jobs rose by 78,600, bringing the full-year employment gain to 422,500. That’s the best annual increase since 2002. The economy showed unexpected resiliency as the year came to an end with one of the strongest job markets ever. The figures also indicate rapidly diminishing slack in the labor market that may quicken the expected ... (full story)