Canada creates 40,000 jobs in December

Ontario is showing the capacity to once again become the country’s economic engine. The province created three-quarters of the more than 40,000 full time jobs created in December.  Statistics Canada said that caused unemployment to recede a tenth of a percentage point to 7.1 per cent.  The results easily topped economist estimates for a gain of just 5,000 jobs nationally and an unemployment rate of 7.3 per cent. Results were also strong in November with the economy creating 59,300 jobs.