Canada November employment change 10.1K vs 5.0K estimate

Previous report 108.3k employment change 10.1k vs 5.0k estimate unemployment rate 5.1% vs 5.3% expected. Last month 5.2D full-time 50.7k vs 119.3k last month part-time work – 0.6k vs -11k last month participation rate 6 .8% vs 6 .9% last month average hourly wage 5. % of last month 5 In. November 2021, with full-time work exceeding pre-COVID-19 levels for the first time, full-time employment increased by 60,000 (2.9%), concentrated among prime-age men (212,000; 3.5%) and women (169,000). 3. ). %). The number of part-time jobs, , , was little changed in November for the sixth consecutive month, falling by 91,000 (-2.5%) over the year. The decline in part-time work from November 2021 was mainly among older men (- 8,000; -11.8%) and young men (-25,000; – . %). USDCAD was worth 1.3 32 just before the release. The current price is at 1.3506, largely due to a stronger than expected US jobs report of 263,000 versus the forecast of 200,000. USDCAD price rose above the 100 hour moving average of 1.3 7 . And above the reversal zone between 1.3 9 and 1.35103. The current price is trading between the swing zone at 1.3503.

Ethan Andrews

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