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Canadian Economy Adds 336.6K Jobs in February

The Canadian economy added 336,600 jobs in February, well above the median economist forecast for 160,000 jobs to have been added on the month, a report released by Statistics Canada on Friday showed. That marked a substantial improvement compared to January, when slightly more than 200,000 jobs were lost as a result of the rapid spread of the Omicron Covid-19 variant in Canada and associated lockdowns and public health restrictions at the time.

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