Economy gains 29,400 jobs in January, unemployment falls: StatsCan

Employment in Canada rose by 29,000 in January because of an increase in full-time work while the unemployment rate fell 0.2 percentage points to 7.0 per cent, according to Statistics Canada.

Over the past 12 months, employment increased 0.8 per cent, or 146,000 jobs, and the number of hours worked rose 0.7 per cent.

During the same period, the employment rate fell 0.3 percentage points to 61.6 per cent as employment grew at a slower pace than the population.

The January employment gains were in transportation and warehousing while declines were seen in business, building and public administration.

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