Canada employment grew strongly by 108k in October, well above expectation of 11k. Unemployment rate held steady at 5.2%. Labor forecast participation rate rose 0.2% to 64.9%. Year-over-year growth in the average hourly wages of employees remained above 5% for a fifth consecutive month in October, rising 5.6% yoy. Total hours worked increased 0.7% mom. Full release here.
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