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Ontario reports 1,670 new Covid Cases … as the Job market dies of the Lockdown flu


Canada lost 213,000 jobs in January as lockdowns took a giant bite out of the job market

Canada’s economy lost 213,000 jobs in January, about five times more than what economists were expecting, as retail lockdowns forced more businesses to close their doors across the country.

Statistics Canada reported Friday that the jobless rate ticked up 0.6 percentage points to 9.4 per cent. That’s the highest level since August. Overall employment also fell to its lowest level since that month.

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