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8 Mar 2019

Canada: Employment grew 56,000 in February, unemployment stayed unchanged at 5.8%

"Employment grew for a second consecutive month, up 56,000 in February, driven by gains in full-time work," Statistics Canada reported on Friday. 

Key takeaways from the press release

  • The unemployment rate was unchanged at 5.8% as the number of people searching for work held steady.
  • In the 12 months to February, total employment grew by 369,000 or 2.0%, reflecting increases in both full- (+266,000) and part-time (+103,000) work.
  • Over the same period, total hours worked were virtually unchanged.
Mar 8, 2019

United States Unemployment Rate below expectations (3.9%) in February: Actual (3.8%)

United States Unemployment Rate below expectations (3.9%) in February: Actual (3.8%)
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Mar 8, 2019

EUR/USD refreshes session tops and retreats on mixed US employment details

   •  US economy added only 20K new jobs in February, down from upwardly revised 311K previous.    •  Unemployment rate drops to 3.8% and average hour
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