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REPEAT: CANADA DATA: Labour Force Survey (Dec.)......>

CANADA DATA
CANADA DATA: REPEAT: Labour Force Survey (Dec.) Preview - 08:30 EDT
-------------------------------------------------
- MNI Median employment +20K, prior -71.2K, most in a decade.
- MNI Median unemployment rate 5.8%. Last report showed jump to 5.9% from 5.5%,
highest since Aug. 2018 and biggest jump since 2009 recession.
- Jobless rate reached record low of 5.4% earlier last year; BOC Gov. Poloz
yesterday said job market remains solid even with recent slowdown.
- Job growth may be weakened as GM shut Oshawa assembly line with 2k positions;
could also rise with auto parts makers ramping up after UAW strike.
- Hourly wage growth has remained strong: +4.5% YOY in November from a year
earlier, more than double the BOC's 2% target for inflation.
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