Details of the January Canadian jobs report
– was +46.1K
– Unemployment rate 6.8% vs 6.8% expected
– Prior unemployment rate was 6.8%
– Participation rate 65.9% vs 65.8% expected
This is the second consecutive super-strong Canadian jobs report. The strong market seems to be pulling in workers with participation up to 65.9% from 65.6% two months ago.
