Canada's jobless rate held steady at 5.6 per cent in December as the economy added 9,300 jobs, but about the same number of people were looking for work. As 28,300 new part-time jobs were added, 18,900 full-time jobs were lost. A record-low jobless rate may seem like an encouraging sign, but that figure belies some troubling trends below the surface, one economist says. After topping out at 8.7 per cent in 2009, Canada's jobless rate fell to a 40-year low at the end of 2018. December's figure means that for 2018 as a whole, Canada's economy added 163,000 jobs, which represents 0.9 per cent growth.
Source: CBC News January 04, 2019 13:52 UTC