Canada loses 84,000 jobs in February as unemployment rises to 6.7%

Canada loses 84,000 jobs in February as unemployment rises to 6.7%

OTTAWA — Canada’s economy lost 84,000 jobs in February, one of the largest monthly declines outside the pandemic, as the national unemployment rate rose to 6.7 per cent, according to new figures from Statistics Canada. The drop represents a 0.4 per cent decline in employment and was driven largely by losses in full-time work, which fell by about 108,000 positions during the month. Youth employment was particularly affected, falling by 47,000 job…