Job growth offers reassurance about U.S. economy
But even in the tightened job market, wage growth remained well below inflation
Banks are in a better position to weather a crisis than they were in 2008, report says
Burst of hiring in December comes as financial markets dread a broader economic slowdown
Breadth of expansion encouraging, economist says
The Bank of Canada’s business outlook survey results come ahead of the central bank’s next interest rate decision set for Jan. 9
Growth in household spending slowed to 0.3% in the quarter
Growth in oil and gas and finance and insurance offset declines in other sectors
Overall business sentiment in Canada was running at near-record levels in late summer
The underground economy grew notably faster than the overall economy