Canada’s unemployment rate is expected to remain at 5.8% in November, unchanged from October and the lowest level since February 2008 while the number of new jobs created in November is set to rise 10.0K in November, Statistics Canada is scheduled to report on Friday, December 7 at 13:30 GMT. While the unemployment rate is at the lowest level since 2008 matching the record low from 4-decades ago, the prospects for the further increase is limited. A further rise in Canada’s employment is limited as a commodity-dependent economy is facing a 22% drop in oil prices in November and production curtailments will see growth ... (full story)