Open Demo Account
Home / Breaking News / Canada: Unemployment Rate Rises to 9.4% in January

Canada: Unemployment Rate Rises to 9.4% in January

Adel 5 February, 2021 5:59 pm Breaking News, Market Update

The Unemployment Rate in Canada rose to 9.4% in January from 8.8% (revised from 8.6%) in December with the Net Change in Employment declining more than 212,000 (vs -47.5K expected), the data published by Statistics Canada revealed on Friday. This reading came in worse than the market expectation of 8.9%. 

Tags

Check Also

Bitcoin Drops as Traders Await Federal Reserve Decision

Bitcoin fell on Tuesday, extending its cautious performance from the previous session, as investors awaited …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends