๐Ÿ‘‰Statistics Canada's Friday report reveals that the Canadian economy gained 37,000 jobs in January, marking a slight decrease in unemployment to 5.7%, the first decline since December 2022. While the overall employment figures surpassed economists' expectations, the positive change was predominantly fueled by an uptick in part-time positions, offsetting the loss of 12,000 full-time jobs. Average hourly wages continued their growth trend, rising by 5.3% compared to the previous year. Employment increases were notable in sectors like wholesale/retail trade and finance, while accommodation and food services experienced the largest decline. Last year, Canada's labor market faced challenges due to high interest rates impacting consumer spending and business investment.โœ… . ๐”๐ง๐ฅ๐จ๐œ๐ค ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐Œ๐š๐ง๐จ๐ฃ ๐Š๐š๐ซ๐š๐ญ๐ก๐š, ๐š๐ง ๐š๐ฐ๐š๐ซ๐-๐ฐ๐ข๐ง๐ง๐ข๐ง๐  ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ ๐ข๐ง ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ๐Ÿ๐Ÿ”-๐Ÿ๐Ÿ”๐Ÿ”๐Ÿ“ ๐„๐ฆ๐š๐ข๐ฅ: ๐ฆ๐š๐ง๐จ๐ฃ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @manojkaratha_realtor . . #CanadianEconomy #JobMarket #UnemploymentRate #StatisticsCanada #WageGrowth #EconomicRecovery #LaborMarketAnalysis #mnm #malayalisnearmeapp #canadaupdate #canadanews