Canadian Job Growth in November Blows Past Estimates

The video discusses Canada's job growth, highlighting a significant increase in jobs, particularly full-time positions, and the implications for the economy. Despite positive job numbers, concerns about decelerating wage growth and its impact on consumer spending and interest rates are raised. The Bank of Canada's stance on interest rates is examined, with skepticism about a rate hike due to oil sector challenges. The video also analyzes sector-specific job growth and the potential effects of oil price fluctuations on future employment trends.

What was the main concern despite the positive job growth in Canada?

• Increasing unemployment rates

• Decelerating wage growth

• Decreasing job opportunities

• Rising inflation

What was notable about the job growth in November compared to previous years?

• It was the highest in six years

• It was consistent with last year's growth

• It matched the growth of 2012

• It was the lowest in a decade

What factor is causing skepticism about a potential rate hike by the Bank of Canada?

• High inflation rates

• Stable oil prices

• Strong economic growth

• Skepticism in the market

What sector contributed the most to job creation in November?

• Public sector

• Private sector

• Self-employed sector

• Agricultural sector

How did the job report affect the Canadian dollar?

• It caused the dollar to fall

• It had no effect on the dollar

• It caused the dollar to rise

• It stabilized the dollar

What is the main issue facing the Canadian economy despite good job growth?

• Rising interest rates

• Lack of skilled workers

• Oil sector challenges

• High unemployment

What is the outlook for employment in Alberta given the current economic conditions?

• Employment is expected to decline

• Employment is expected to fluctuate

• Employment is expected to improve

• Employment is expected to remain stable