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Canada loses 70,600 jobs, unemployment rate up

December 05 2008

Canada lost 70,600 jobs in November, bringing total employment to 17.1 million, Statistics Canada reported today. Canada's unemployment rate edged up to 6.3% in November from 6.2% in October.

Of November's losses, 32,400 were in full-time jobs and 38,000 in part-time positions. The manufacturing sector represented 54.2% of the jobs lost.

Much of the job losses were in Ontario, which shed 66,000 jobs. Its unemployment rate rose to 7.1% in November from 6.5% in October.

Alberta continued to record the lowest jobless rate among provinces in November at 3.4%.


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