Episode Details
Back to EpisodesCanada's Job Market Drops by 84K in February
Description
Canadas job market experienced a significant setback in February, with employment dropping by 84,000 and unemployment rising to 6.7%. The decline was particularly pronounced among youth and core working-age men, as well as in services and goods-producing industries. Full-time jobs also saw a substantial drop, while part-time employment remained steady. The private sector also experienced a decline, with wholesale and retail trade leading the losses. Overall, the labor market continues to show signs of softness, with many areas experiencing flat year-over-year changes.
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