"The Canadian economy added 8,200 jobs in December despite the unemployment rate jumping to 6.8 per cent to end the year as more people looked for work. Full-time employment rose by 50,200 in December, while part-time employment fell by 42,000. Analysts polled by Reuters had expected a net loss of 5,000 positions and the jobless rate to edge up to 6.6 per cent."
"Employment in health care and social assistance in December increased by 20,800 while the professional, scientific and technical services sector posted a drop of 18,100 positions, the first decrease since August. Employment rose for those aged 55 and older, but the job market remained difficult for young Canadians, as unemployment for those aged 15 to 24 fell by one per cent."
Canada added 8,200 jobs in December even as the unemployment rate rose to 6.8 percent as more people sought work. Full-time employment increased by 50,200 while part-time employment declined by 42,000. The December result followed three months that added 181,000 jobs after almost no change in the first eight months of 2025 amid U.S. tariffs and trade uncertainty. Health care and social assistance added 20,800 jobs, while professional, scientific and technical services fell by 18,100. Employment rose for those aged 55 and older; youth unemployment for ages 15 to 24 fell by one percentage point. Average hourly wages for permanent employees rose 3.7 percent, down from 4.0 percent, and the Bank of Canada held its policy rate at 2.25 percent with money markets expecting rates to remain on hold.
Read at www.cbc.ca
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