Canada drops 88,000 jobs in January; loss of part-time jobs offsets rise in full-time jobs

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Following two months of increases, Canada lost 88,000 jobs in January from December to a total of almost 18.6 million jobs, according to seasonally adjusted numbers released today by Statistics Canada. A loss of 137,000 part-time jobs in January offset a gain of 49,000 full-time jobs.

Declines were spread across a number of industries, including educational services; finance, insurance, real estate, rental and leasing; professional, scientific and technical services; construction; and healthcare and social assistance. On the other hand, employment increased in business, building and other support services.

The unemployment rate edged up to 5.9% in January from 5.8% in December. Adjusted to

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