Quote:
OTTAWA - Canada's mostly rosy jobs picture of the last two years appears to be darkening as the economy shed workers for the second consecutive month in November and the unemployment rate moved up one notch to 7.4 per cent.
Economists had expected a modest pickup of about 17,000 in employment for the month, in part because October's outsized dip of 54,000 seemed out of proportion with an economy that was growing, if slowly.
But instead, another net 18,600 workers fell out of the labour pool last month — all due to a big drop in part-time employment and concentrated in the services sector and in Quebec.
Statistics Canada noted that despite the most recent declines, there were 212,000 more Canadians working in November than there were at the same point a year ago, a pickup of about 1.2 per cent of the labour force.
But all of those gains are yesterday's news. November's loss marks the fifth consecutive month since June in which the economy has failed to create jobs in the aggregate. In fact, employment is down about 10,000 over the period.
http://ca.news.yahoo.com/canada-loses-1 ... 29284.html
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