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The Canadian economy posted its biggest monthly job loss since the financial crisis as the unemployment rate also pushed higher in November, Statistics Canada reported Friday.
The economy lost 71,200 jobs last month and the unemployment rate rose to 5.9 per compared with 5.5 per cent in October, the data agency said.
Economists on average had expected a gain of 10,000 jobs and the unemployment rate to hold steady at 5.5 per cent, according to financial markets data firm Refinitiv.
https://www.cbc.ca/news/business/stats-can-jobs-report-nov-1.5386624
The economy lost 71,200 jobs last month and the unemployment rate rose to 5.9 per compared with 5.5 per cent in October, the data agency said.
Economists on average had expected a gain of 10,000 jobs and the unemployment rate to hold steady at 5.5 per cent, according to financial markets data firm Refinitiv.
https://www.cbc.ca/news/business/stats-can-jobs-report-nov-1.5386624