Unemployment rate sticks at 43-year low of 5.6%; weak wage growth persists
OTTAWA – The unemployment rate stayed at its 43-year low of 5.6 per cent last month as the economy closed out 2018 with the addition of 9,300 net new jobs.
For the second straight month, the jobless rate was at its lowest level since Statistics Canada started measuring comparable data in January 1976.
Economists had expected the addition of 5,500 jobs and an unemployment rate of 5.7 per cent, according to Thomson Reuters Eikon.
Medicine Hat’s unemployment rate was 6.4 per cent in December.