Canada revises December job losses down slightly

Fri Jan 31, 2014 8:59am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

OTTAWA (Reuters) - Statistics Canada revised down on Friday its estimates of December's job losses to 44,000 from a previously reported 45,900, with full-time job losses cut to 56,000 from 60,000.

The changes were due to an annual revision for the previous three years to account for new weightings for seasonal factors.

The December unemployment rate remained at 7.2 percent, as first reported on January 10. Part-time job gains were revised down to 12,100 from 14,200.

(Reporting by Randall Palmer; Editing by Alex Paterson)

A man looks at a job board posted at a job fair in Toronto, April 1, 2009. REUTERS/Mark Blinch