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Canada Delivers Stellar November Job Gain, Putting Spotlight on Central Bank

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wsj.com

OTTAWA—Canada continued its stellar job-creation run in November with another blowout performance that included a sharp drop in the unemployment rate to near pre-pandemic levels.Nearly all of the job gains were in the private sector.

Hours worked also rose and, for the first time, returned to pre-pandemic levels. Average hourly wages rose more than 5% over a two-year period.

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