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MNI China Daily Summary: Tuesday, April 23

RPT-MNI INTERVIEW: Kaplan Says Loose Fiscal Is Holding Up Cut

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Canada Nov Payrolls -88.3K From Teacher Strikes, Earnings +4.1% YOY

CANADA DATA
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  • Canada Nov Payroll Employment -88.3K MOM or -0.5% after -24K in Oct.
  • The decline was led by education strikes in Quebec. Excluding education, payroll employment was -25.3K MOM or -0.1%
  • Average weekly earnings +4.1% YOY in Nov.
  • Average weekly hours +0.6% YOY, prior +0.9%.
  • Job vacancies +5.5% to 653K after a 5M downward trend leveled off in Oct.
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  • Canada Nov Payroll Employment -88.3K MOM or -0.5% after -24K in Oct.
  • The decline was led by education strikes in Quebec. Excluding education, payroll employment was -25.3K MOM or -0.1%
  • Average weekly earnings +4.1% YOY in Nov.
  • Average weekly hours +0.6% YOY, prior +0.9%.
  • Job vacancies +5.5% to 653K after a 5M downward trend leveled off in Oct.