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Canada employment falls more than expected in November

FXStreet (Córdoba) - Canada lost a net 35,700 jobs in November and the unemployment rate climbed to 7.1% from 7%, Statistics Canada said Friday.

The outcome was much worse than the 10,000 fall expected and comes after a 44,400 gain in October. The unemployment rate was expected to remain unchanged at 7.0%.

Compared with 12 months earlier, employment increased by 124,000 or 0.7%, with all the growth in full-time work. Over the same period, the number of hours worked grew by 1.1%.

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United States Average Hourly Earnings (YoY) down to 2.3% in November from previous 2.5%
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GBP/USD dips, 2-yr treasury yield nears 1% on strong NFP report

The GBP/USD witnessed a moderate dip to 1.5090 levels, while the 2-year treasury yield inched closer to 1% after the non-farm payrolls number printed higher than estimates.
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