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Canada jobs figure shrinks for first time in 6 months

Posted: 2/11/2013 | Views: 110

Canada's economy shed 22,000 jobs in January, but a corresponding drop in the number of unemployed people looking for work caused the jobless rate to also drop, to seven per cent. Statistics Canada said the jobless rate ticked 0.1 percentage points lower as 57,500 people stopped looking for jobs — more than enough to offset the decline in the number of jobs.


Source: CBC News

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