Canada's employment decreases in February

Source: Bloomberg
The world's eleventh largest economy recorded the biggest decrease in employment in February since the depression four years ago together with an increase of the country's trade deficit as a result of weak global demand, the Statistics Canada reported on Friday. The report showed that a loss of 54,500 positions offset a 50,700 increase, while the jobless rate rose from 7% to 7.2% in February.

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