150,000 New Jobs in Canada in January 2023, Crushing Forecasts by 10x
Canada's job market is showing no signs of slowing down, with employment growing much faster than expected in January. The economy added an impressive 150,000 jobs (according to Satistics Canada), 10 times more than what was estimated by a Bloomberg survey. The unemployment rate remained steady at 5%, close to a record low. This is the fifth consecutive month of job increases, bringing the total employment growth since September to 326,000. According to the latest population estimates, in the th...