OM INTERNATIONAL SHARES INFORMATION ABOUT CANADA'S RISE IN EMPLOYMENT.
According to the latest Labor Force Survey (December 2022) released by statistics Canada, employment in Canada rose 0.5 % points over the month (+104,000 jobs), as the national unemployment rate dropped to 5.0%(-0.1% month-over-month). General Employment Trends Across Canada Many immigrants to Canada come to this country seeking a better life, which often includes higher- paying, steadier employment. The Labor Force Survey for December 2022 reveals that, across Canada, there is healthy growth in the Average hourly wages of employees-which has remained above 5% for seven consecutive months and is up 5.1% year-over-year. In addition to the rise in average hourly wages in Canada, it is worth nothing that private sector employment is at the root of Canada’s employment boom, as the number of employees in private- sector jobs jumped by 112,000 in December. Self-employment and public-sector employment were relative non-factors over the past month. Employment outcomes al...