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MNI: 5 Things We Learned From Canadian Labor Force Survey Data> 

     OTTAWA (MNI) - The following are the key points from the November 
data on the Canadian Labor Force Survey released Friday by Statistics 
Canada: 
     - The economy added 79,500 jobs in November, the largest gain since 
April 2012, topping analysts' expectations of a 10,000 increase. Details 
were overall strong and surprised on the upside. 
     - The unemployment rate declined 0.4 percentage points on the month 
to 5.9%, its lowest level since February 2008, and below 6.2% expected 
by analysts. This was the largest monthly drop in the unemployment rate 
since November 2005. The participation rate was unchanged at 65.7%. 
     - Both full-time (+29,600) and part-time (+49,900) employment 
increased. 
     - Average hourly wage growth for permanent workers rose 2.7% 
year-over-year, the largest gain since April 2016. 
     - Goods-producing industries added 37,400 jobs, led by a 30,400 
gain in manufacturing, the largest increase for this sector since March 
2002. Employment in services rose 42,100. Overall employment gains were 
led by the private sector, which added 72,400 jobs, the largest gain 
since October 2014. 
--MNI Ottawa Bureau; email: yali.ndiaye@marketnews.com 
[TOPICS: M$C$$$,MACDS$]
data-HeadlineData StoriesImpactDataPolicy NewsCanadaAPACChina Bank of Canada Market NewsHeadlineFixed Income BulletsForeign Exchange BulletsRegionNorth America
data-HeadlineData StoriesImpactDataPolicy NewsCanadaAPACChina Bank of Canada Market NewsHeadlineFixed Income BulletsForeign Exchange BulletsRegionNorth America
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