Unemployed Canadians continued to find work hard to come by in February as 2,800 jobs were lost across the country.I don't understand the math... If 15,000 new jobs would have maintained a steady 7.6% unemployment, but we lost 2800 jobs (a difference of 17,800) and the unemployment rate dropped by .2% to 7.4%... Did a whole lot of Canadians die last month? Did Hawkesbury, ON burn down and leave no survivors? Did Magog declare independence from Canada?
However, a surprising decline in the size of the labour force meant the unemployment rate fell to 7.4 per cent.
A consensus of economic forecasts had predicted overall growth of at least 15,000 new jobs in the month, with the jobless rate staying steady at 7.6 per cent.
Who is gaming these statistics?