Canadian Economy Adds Jobs in February, but Full-Time Positions Shrink

Canadian Economy Adds Jobs in February, but Full-Time Positions Shrink
A woman walks past a "Help Wanted" sign at a retail store in Ottawa on Nov. 2, 2017. Reuters/Chris Wattie/File Photo
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OTTAWA—The Canadian economy added 15,400 jobs in February after a big loss in January but full-time positions shrank and wage growth decelerated, prompting analysts to predict the Bank of Canada will be in no rush to raise rates.

Statistics Canada said on Friday the unemployment rate dipped to 5.8 percent from 5.9 percent in January.