A shift to the resources sector, labour shortages and one-time events curtailed productivity last year, and may explain the puzzling divergence between lacklustre output and a blistering jobs market, a report suggested Friday. The Canadian economy churned out 345,000 jobs last year even as productivity slowed. Economists, along with Bank of Canada officials, have been scratching their heads for months to figure out why the trends differ. Some have questioned whether the data is accurate, however today's report didn't indicate any need for revisions. Instead, Statistics Canada set to explain the juxtaposition. In a highly anticipated 22-page report, it listed several reasons for tepid productivity and stressed that such divergences are nothing new. Full article here.