2026-01-09 17:31:23

Canada's December employment report landed softer than expected—just 8.2K jobs added versus the anticipated 2.5K decline, marking a notable slowdown from November's robust 53.6K gain. The unemployment rate ticked up to 6.8%, missing the forecast of 6.7% and climbing from 6.5% the prior month, signaling emerging labor market pressure. Wage growth for permanent employees decelerated to 3.7% year-over-year, below the 3.8% estimate and down from 4.0% previously, suggesting cooling inflation dynamics. Full-time employment showed resilience with a 50.2K increase, reversing November's 9.4K decline, though part-time positions contracted 42K. These divergent signals—weaker headline growth, rising joblessness, but stronger permanent roles—paint a mixed picture for central bank rate decisions and crypto market liquidity conditions ahead.

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ForkInTheRoad

· 6h ago

Canada's employment data is so strong that the central bank will have to keep cutting interest rates... In this case, liquidity will improve, which is good news for the crypto market.

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rug_connoisseur

· 01-09 17:56

Is this all for CAD? The unemployment rate is at 6.8% and still rising, and wage growth is slowing down. The central bank really needs to consider this carefully this time.

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SerumSquirter

· 01-09 17:53

Canada's employment data has taken a hit, with the unemployment rate rising and wage growth slowing... What will the central bank do?

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SmartMoneyWallet

· 01-09 17:44

The data looks good, but the details hide a knife. Going from 53.6K to 8.2K is a direct cut in half. Is the capital fleeing the top behind this gap, or is the central bank easing liquidity? The unemployment rate is rising at 6.8%, and wage growth is dropping to 3.7%. These are typical signs of stagflation, and the whales should have noticed this long ago. Full-time salaries are at 50.2K, while part-time jobs are cut to 42K. Basically, it's just a way to wash chips and shake out retail investors. Let's wait and see how liquidity responds later.

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P2ENotWorking

· 01-09 17:33

Canada's employment data is once again disappointing, with the unemployment rate at 6.8% and still rising... If this continues, is a rate cut by the central bank still far off? Wouldn't that be a positive for the liquidity in our crypto market?

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