Canada in January gains 48,000.

Canada added 48,000 jobs last month easing the unemployment rate to 6.8%, statistic Canada reported Friday, exceeding economist’s expectations for employment growth to be unchanged.
New positions in the service sector helped fueled the country’s job growth.
“The consensus keeps looking for a pullback in employment after its strong run,” Bank of Montreal economist Doug Porter said after the data was released. “The fact that the strong run just keeps going is quite telling.”
Full time positions increased by 15,000. Although that was outpaced by a large increase in part time work.
Ontario, British Columbia, Nova Scotia, and Newfoundland and Labrador all added jobs, while New Brunswick lost some. All other provinces were largely unchanged.
The loonie reacted strongly to the news, jumping a third of a cent to 76.42 after being flat before the numbers were released.
“Overall, this is a healthy report, and simply reinforces the message that the job market has turned the corner, a clear indication that the broader economy has also turned the corner after a challenging couple of years,” Porter said.

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