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Canada has a big miss on January jobs, losing 21.9K vs. expectations of a 5K gain. The...

  • Friday, February 8, 8:39 AM ET
    Canada has a big miss on January jobs, losing 21.9K vs. expectations of a 5K gain. The unemployment rate drops to 7% vs. 7.2% expected, as the number of those looking for work declined. The loonie (FXC -0.3%) dives, now below parity with the greenback at $0.9971.
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    January jobs report in Canada is notorious for being hard to predict - better to wait till Feb.
    8 Feb, 09:02 AM Reply Like
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