HomeLive CommentsCanada employment rose 259k in Feb, unemployment rate dropped to 8.2%

Canada employment rose 259k in Feb, unemployment rate dropped to 8.2%

Canada employment grew 259k or 1.5% in February, well above expectation of 98k. Part-time jobs increased 171k while full-time jobs rose 88k. Unemployment rate dropped -1.2% to 8.2%, well below expectation of 9.2%. That’s also the lowest level since March 2020. Labor force participation ware was unchanged at 64.7%.

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