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Canada’s Labour Market Sheds Jobs, Unemployment Rate Jumps

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The Canadian labour market shed 2.2k positions in March, with full-time employment down -0.7k and part-time employment down -1.6k. The unemployment rate rose 0.3 percentage points to 6.1%, the highest level in more than two years, and the participation rate was unchanged at 65.3%. Employment by sector showed losses in accommodation and food services (-27k), […]

The post Canada’s Labour Market Sheds Jobs, Unemployment Rate Jumps appeared first on Action Forex.

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