Canadian Unemployment in February Hits 7.7%

Stats Canada has reported that Canada’s unemployment rate hit 7.7% in February. 

In February, Ontario unemployment hit 8.7%.  Stats Canada also noted that just over half of all employment losses in Canada since October have happened in Ontario

More details on Canada’s forecast unemployment rates and trends for 2009 is in this blog.

Comparison of Canada’s unemployment rates with the great depression is in this blog.

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