Canada added 37.3K jobs in January compared to 15K expected. The unemployment rate fell to 5.7% from 5.9% as labor force participation also slipped. "Although labour market conditions remain looser than they were a year ago, today’s data certainly won’t speed up the path to a first interest rate cut from the Bank of Canada," CIBC wrote after the report.One caveat to the report was that it was tiled to part time jobs at +49K rather than full time at -12K with much of the jobs growth from government jobs. That's part of an ongoing trend:"The number of private sector employees rose by only 7K, and has increased by only 1.6% on a year-over-year basis. That is in contrast to a 4.2% rise in public
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