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Canada October employment +17.5K vs +22.5K expected

Prior +63.8KUnemployment rate 5.7% vs. 5.6% expected. Last month 5.5%.Full-time employment -3.3K vs +15.8K last monthpart-time employment +20.8K vs. +47.9k last month.Participation rate 65.6% vs 65.5% last month.Average hourly wages permanent employees 5.0% vs 5.3% y/ last monthWage growth is cooling, unemployment rose and the job losses were in full-time employment. Those are all weak details. USD/CAD is down on the soft non-farm payrolls report but, otherwise, the Canadian dollar is underperf...
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Posted: Nov 3 2023, 12:30
Author Name: forexlive
Views: 040428