Canadian Employment Flops in January

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    The Canadian economy lost 5,700 jobs in January, pushing the unemployment rate up to 7.2%. While one month doesn't make a trend, total employment is only up 0.7% (or 126K jobs) since last year, while the unemployment rate has risen 0.6 percentage points since its post-recession low of 6.6% in January of last year.[​IMG]

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