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Canada loses thousands of jobs in December

Last Updated Jan 8, 2021 at 6:14 am PDT

FILE - Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. THE CANADIAN PRESS/Sean Kilpatrick
Summary

The unemployment rate rose to 8.6 per cent in December: Statistics Canada

Agency says 63,000 Canadians lost jobs in December, the first time we've seen monthly job losses since April

OTTAWA (NEWS 1130) – Jobless Canadians struggled to find work last month. Statistics Canada says the economy lost 63,000 jobs in December — the first decline we’ve seen since April.

The unemployment rate rose to 8.6 per cent in December, representing a 0.1 per cent change from November.

The result ended a streak of monthly job gains that began in May as restrictions put in place to slow the spread of the pandemic began to ease.

Full-time employment in December rose by 36,500, but there was a loss of 99,000 part-time jobs.

Statistics Canada also noted that total hours worked fell for the first time since April as they declined 0.3 per cent in December.

Financial data firm Refinitiv says economists on average had expected the report to show a loss of 27,500 jobs for December. The unemployment rate was expected to be 8.6 per cent.

 

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