Statistics Canada says the country’s economy lost nearly 22,000 jobs last month, but the official unemployment rate fell slightly as many people stopped looking for work. The agency says over 57,000 Canadians left the labour market last month, pushing down the unemployment rate by one-tenth of a point to 7%. Almost all the jobs lost in January were in educational services and manufacturing. In Toronto, the unemployment rate also fell one-tenth to 8.2%, while in Oshawa, it held steady at 9.6%.
One Response to “A rocky start to the year for the Canada’s labour market”
February 8th, 2013 at 4:31 pm
Flaherty the real unemployment is far higher than U saying, but who cares U got a huge taxpayer funded pension.