25.2 C
New York
August 3, 2026
Worship Media
Business

Statistics Canada says economy lost 213,000 jobs in January

OTTAWA — Statistics Canada says the economy lost 213,000 jobs in in January as employment fell to the lowest level since August last year, wiping out the gains made in the fall.

The unemployment rate rose 0.6 percentage points to 9.4 per cent, the highest rate since August.

Financial data firm Refinitiv says the average economist estimate was for a loss of 47,500 jobs in January and an unemployment rate of 8.9 per cent.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/statistics-canada-says-economy-lost-213-000-jobs-in-january-1.5296869

Related posts

Mexico says tourism could lose $782 million from Canada flight freeze

CTV News

Facebook civil rights audit: ‘Serious setbacks’ mar progress

CTV News

Construction spending could rebound next year amid government support, report says

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy