By Robb M. StewartOTTAWA--Hiring in Canada flatlined last month despite continued strong population growth, and the jobless rate held steady as a drop in full-time jobs was balanced by additional part-time positions. Statistics Canada reported Friday that Canada's economy added a net 100 jobs in December, after employment increased 24,900 the month before. The unemployment rate was unchanged at 5.8%, against expectations were for the jobless rate to tick higher to 5.9%. When calculated using U.S. Labor Department methodology, Canada's unemployment rate in December was steady at 4.7%. Write to Robb M. Stewart robb.stewart@wsj.com

Source: Wall Street Journal January 05, 2024 13:43 UTC