Canada lost 25,000 jobs in January, labour force participation fell to 65%
Statistics Canada reported the country lost 25,000 jobs in January, with the “decrease” in unemployment driven by Canadians giving up and dropping out of the labour market altogether.
Canada’s jobs crisis is getting worse. Statistics Canada reported the country lost 25,000 jobs in January, with the “decrease” in unemployment driven by Canadians giving up and dropping out of the labour market altogether.
The report released Friday by Statistics Canada noted that “employment edged down” in January to 60.8 per cent, a 0.1 per cent dip from the previous month, as 25,000 fewer Canadians held jobs than in December.
