Canada Lost 84,000 Jobs in February, Unemployment Rate Rose to 6.7 Percent

Canada Lost 84,000 Jobs in February, Unemployment Rate Rose to 6.7 Percent
People attend a job and continuing education fair in Montreal, on Oct. 5, 2023. The Canadian Press/Christinne Muschi
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The Canadian economy lost a total of 84,000 jobs in February, while the unemployment rate rose 0.2 points to 6.7 percent, according to a new Statistics Canada report.

The March 13 report said the decline in employment was primarily due to a drop in full-time and private-sector jobs, with losses concentrated among men aged 25 to 55 and young people aged 15 to 24. Employment levels changed little for core-aged women and those aged 55 and older.