{"id":534824,"date":"2026-03-14T00:47:14","date_gmt":"2026-03-14T00:47:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/534824\/"},"modified":"2026-03-14T00:47:14","modified_gmt":"2026-03-14T00:47:14","slug":"canada-february-employment-change-83-9k-vs-10k-expected","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/534824\/","title":{"rendered":"Canada February employment change -83.9K vs +10K expected"},"content":{"rendered":"<p data-v-4026719d=\"\">Unemployment rate: 6.7% vs 6.6% expected<\/p>\n<p data-v-4026719d=\"\">Prior 6.5%<\/p>\n<p data-v-4026719d=\"\">Full-time employment change: -108.4K vs +44.9k last month<\/p>\n<p data-v-4026719d=\"\">Part-time employment change: +24.5K vs -69.7K last month<\/p>\n<p data-v-4026719d=\"\">Participation rate: 64.9% vs 65.0% last month<\/p>\n<p data-v-4026719d=\"\">Average hourly wages (permanent, YoY): 4.2% vs 3.3% last month<\/p>\n<p data-v-4026719d=\"\">Full report <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260313\/dq260313a-eng.htm\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" class=\"article-link\" data-v-4026719d=\"\">here<\/a><\/p>\n<p data-v-4026719d=\"\">This is an awful jobs report. The Canadian dollar is selling off across the board.<\/p>\n<p data-v-4026719d=\"\">StatCan notes that &#8220;employment declines in February were recorded in services-producing industries (-56,000; -0.3%) and goods-producing industries (-28,000; -0.7%). The largest declines were in wholesale and retail trade (-18,000; -0.6%), and &#8216;other services&#8217; such as personal and repair services (-14,000; -1.8%).&#8221;<\/p>\n<p>Canada employment<\/p>\n<p data-v-4026719d=\"\">In February, the number of people working full-time declined by 108,000 (-0.6%), offsetting growth recorded over the previous two months. At the same time, there was little variation in the number of people working part-time in February. On a year-over-year basis, there was little change in the number of people working full-time or part-time.<\/p>\n<p data-v-4026719d=\"\">Despite the bleak data, traders are still pricing a rate hike from the BoC by year-end as elevated oil prices continue to drive inflation expectations. <\/p>\n","protected":false},"excerpt":{"rendered":"Unemployment rate: 6.7% vs 6.6% expected Prior 6.5% Full-time employment change: -108.4K vs +44.9k last month Part-time employment&hellip;\n","protected":false},"author":2,"featured_media":534825,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-534824","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/534824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=534824"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/534824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/534825"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=534824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=534824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=534824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}