Canada’s economy lost 71,200 jobs in November, an unexpected and massive miss versus expectations of a 10,000 gain.
The report missed the median economist forecast for a gain of 10,000 jobs.
Payrolls jumped 266,000, the most since January, after an upwardly revised 128,000 advance the prior month, according to a Labor Department report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs.
The ebbs and flows of the U.S. bellwether S&P 500 Index grab most of the headlines, for good reason. But wild swings in asset prices attributed to Trump’s rhetoric are also creating headaches for fund managers from India to Brazil.
For Canadian bankers, 2019 shaped up to be the worst year for bonuses in close to a decade.
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