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Where Independent Traders, Investors, and Dribblers Thrive
Canada employment fell by 88,000 in January. The…
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The services sector led the way down, shedding 71,900 positions in industries including educational services, finance, insurance and real estate, and professional and technical services.
Canada racked up strong employment gains last year, creating more than 400,000 jobs and setting the fastest pace of growth since 2002.
The average hourly wage of permanent employees climbed 3.3 percent from last January, the strongest rate of gains since March 2016. Ontario, Canada’s most populous province, raised the minimum wage to C$14 ($11.11) an hour at the start of the year, making it the highest in the country.
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