Canadian labor market report for November was released today at 1:30 pm GMT, simultaneously to the jobs report from the United States. While the market's attention was focused on NFP data, the Canadian report was quite interesting as well. While total employment data showed a small increase that was slightly above expectations, it should be noted that it was another month of strong growth in full-time jobs, that managed to more than offset a 40.6k drop in part-time employment. This is a welcome development as full-time jobs are more desirable. Unemployment rate ticked lower from 5.2 to 5.1%.
Canadian jobs report for November:
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Employment change: +10.1k vs +5.5k expected (108.3k previously)
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Full-time employment change: +50.7k vs 119.3k previously
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Part-time employment change: -40.6k vs -11.0k previously
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Unemployment rate: 5.1% vs 5.3% expected (5.2% previously)
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Participation rate: 64.8% vs 64.9% expected (64.9% previously)
While Canadian jobs data can be seen as solid, USDCAD spiked due to significant acceleration in US wage growth. The pair climbed above 1.35 following the release.
Source: xStation5
ข่าวเด่น: ตัวเลขเงินเฟ้อสุดท้ายตรงตามที่คาดการณ์ไว้ ดัชนีเงินเฟ้อหลัก HICP ปรับตัวสูงขึ้นเล็กน้อย
ปฏิทินเศรษฐกิจ: เงินเฟ้อยูโรโซนช่วงท้ายสัปดาห์
ข่าวเด่น: อัตราการว่างงานของสวีเดนลดลงเล็กน้อย
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