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.

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