A jump in new jobs helped bring the Canadian unemployment rate down a tick to 6.7 per cent in December, according to Statistics Canada.
Canadian employers collectively added some 91,000 net new jobs last month, the agency said. Most of the growth was in full-time work.
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The December figures compare to a jobless rate of 6.8 per cent in November.
StatCan said the employment rate — the proportion of the population aged 15 and older who are employed — ticked up 0.2 percentage points to 60.8 per cent in December, the first increase since January 2023.
Canada’s employment rate has largely been contracting over the past few years as the economy slows and the Canadian labour force grows faster than the pace of hiring.
