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Friday, 10 March 2017

Finance: Canada's jobs report beats


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The latest read on the health of Canada's labor market.

Canada's jobs report came in better than expected.

According to the latest figures from Statistics Canada, the labor market added 15,000 jobs in February.

Economists had forecast that Canada added just 2,500 jobs last month following January's increase of 48,300.

Perhaps most notably, Canada's full-time employment rose by 105,100 last month. Part-time employment fell by 89,800.

The unemployment rate fell to 6.6% from 6.8% and the participation rate came in at

The Canadian dollar is up by 0.4% at 13.455 per US dollar as of 8:32 a.m. ET after being little changed earlier in the day.



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