Canada sheds 88,000 Jobs in January

Economic Indicators Feb 09, 2018 08:30AM ET

© Reuters. Canada’s jobless rate rises to 5.9% in January vs. 5.8% forecast Investing.com - The Canadian economy shed in January, data from Statistics Canada showed on Friday. Economists had forecast a decline of 2,000 jobs. The unemployment rate rose to , above the consensus forecast of 5.8%. With regard to the quality of the employment, Canada created full time jobs, but destroyed part time jobs in January. Finally, the dropped to 65.5% in January, from the prior 65.8%.

Canada sheds 88,000 Jobs in January

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