Canada Sheds Jobs in February
In February, Canada gained 18,900 full-time positions, but lost approximately 25,900 part-time jobs. The loss of 7,000 jobs overall did not have a significant effect on the unemployment, which remained steady at 7.0%. Although in sum, Canada experienced a job loss, some economists are optimistic because of the gain in full-time work, because the gain was mostly in the private sector, and because the jobs were mostly ?good? jobs. Year-over-year, average wages continue to rise, although slightly less than seen in January.
See "Canada Sheds Jobs in February", Nirmala Menon, The Wall Street Journal, March 6, 2014