Canadian economy lost 63,000 jobs in December, first decline since April
OTTAWA, ON – Statistics Canada says the economy lost 63,000 jobs in December in the first monthly decline since April amid tightened public health restrictions to slow a resurgence in the pandemic.
The unemployment rate edged up to 8.6 per cent compared with 8.5 per cent in November.
The result ended a streak of monthly job gains that began in May as restrictions put in place to slow the spread of the pandemic began to ease.
Full-time employment in December rose by 36,500, but there was a loss of 99,000 part-time jobs.