Canada's job market unexpectedly weakened for a second-straight month, registering the biggest drop in employment since 2009 and casting doubt on the resiliency of the domestic outlook.
The blockbuster report provides further evidence that the US economy is withstanding a global slowdown, and reinforces the Federal Reserve's characterization of the labor market as "strong".
The labour force participation rate, or the proportion of working-age Americans who have a job or are looking for one, dipped to 63.2% from more than a six-year high of 63.3% in October.
USA hiring surged in November, as the economy added 266,000 jobs and unemployment returned to a half-century low.
Through November, the average monthly job growth in the United States this year is 180,000. Employment growth was also boosted by a gain of 60,200 healthcare workers, the most since March. -China trade war is reached or are struggling to find workers with unemployment so low.
Nationally, the unemployment rate rose to 5.9 per cent, up by 0.4 percentage points from October.
On a year-over-year basis, national employment in manufacturing hasn't seen large changes, while in the natural resources sector saw losses of 25,000 jobs or 7.2 per cent, largely in Alberta and British Columbia.
The healthy data suggested that the Federal Reserve, which meets next week, is unlikely to cut its benchmark short-term interest rate anytime soon.
The tight labor market is generating steady wage gains.
She noted the region has seen some weakness in employment levels this year with roughly 14,000 jobs gone when comparing January to November. In manufacturing, however, the average work week increased slightly, by 0.1 hours, to 40.5 hours a week, as overtime decreased by 0.1 hours. In the 12 months through November, wages rose 3.1% after advancing 3.2% in October.
Steady job growth tends to reassure consumers that the economy is expanding and that their jobs and incomes remain secure, which, in turn, typically helps fuel spending.
For other industries, particularly administration, construction and professional services, there has been a decline year-over-year, she said.
CIBC analyst Royce Mendes said, however, the November labor market pullback was "more than a breather", describing the losses as "an apparent massive decline in employment".
U.S. manufacturing employment rebounded by 54,000 jobs last month as GM strike returnees boosted payrolls in the auto sector.
Consumer boom: Retail and related spending is driving the growth in jobs.
The leisure and hospitality industry hired 45,000 workers. Both figures are below last year's totals.