Canada gains 150,000 jobs in January, jobless rate holds at 5.0%

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Canada gains 150,000 jobs in January, jobless rate holds at 5.0%
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A net 150,000 jobs were added to the Canadian economy in January, primarily in full-time work and far ahead of analyst forecasts. The jobless rate held at 5.0%, beating forecasts it would rise to 5.1%

Employment in the goods producing sector grew by a net 25,400 jobs, largely in construction. The services sector was up by a net 124,700 positions, mostly in wholesale and retail trade, as well as health care and social assistance.

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