Statistics Canada says 45,900 jobs lost in December, unemployment rate rises

Economists had projected a gain of about 14,000 jobs in December, but Canada instead shed a surprising 45,900 jobs last month, Statistics Canada said Friday.

The country’s unemployment rate also rose to 7.2 per cent from 6.9 per cent in November — making Canada’s unemployment rate higher than in the United States, which had an unemployment rate of 6.7 per cent.

Read more: http://www.ctvnews.ca/canada/statistics-canada-says-45-900-jobs-lost-in-december-unemployment-rate-rises-1.1633133#ixzz2q6eFwGzc

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More details » CBC
http://www.cbc.ca/news/business/canada-loses-nearly-46-000-jobs-in-december-1.2491374

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