Canadian Wage Growth Climbs to Highest Mark Since 2009, but Economy Sheds Jobs

Canada lost 24,200 jobs last month and its unemployment rate moved up to 5.7 percent to give the economy its weakest three-month stretch of job creation since early 2018. Spencer Platt/Getty Images

OTTAWA—Wage growth accelerated last month to its fastest clip in more than decade, according to numbers released Friday from Statistics Canada.

The 4.5 percent burst came in a month that also produced less-positive data: the unemployment rate moved up to 5.7 percent as Canada shed 24,200 jobs.