Canada's economy added 22,000 jobs last month. That's more than what economists were expecting but not enough to move the unemployment rate, which stands at five per cent.
Canada's economy has added more than 300,000 jobs since last summer.Employment in Canada rose slightly last month after January's jobs report raised eyebrows among economists anticipating a slowdown in the labour market this year.
The bulk of the job gains were made in health care and social assistance, public administration and utilities. Meanwhile, jobs were lost in business, building and other support services.Canada's job growth is challenging basic economic theory. Are the models wrong? Signs of that slowdown are already apparent. In the fourth quarter, the Canadian economy was treading water, posting zero per cent growth.
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