OTTAWA (Reuters) – The Canadian economy added 15,400 jobs in February after a massive loss in January, thanks to a gain in part-time positions, and the unemployment rate dipped to 5.8 percent, Statistics Canada said on Friday.
Analysts in a Reuters poll had forecast employment would increase by 20,000. Canada shed 88,000 positions in January, the most in nine years.
February - Gains - Part-time - Sector - Positions
February’s gains were all in the part-time sector, which added 54,700 positions, while the full-time sector shed 39,300 jobs. Average hourly wages rose by 3.1 percent from...
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