Canada Employment Rises by Less-Than-Forecast 15,100 Jobs

Canada’s economy added jobs for a fifth consecutive month in February, posting a gain that was less than economists forecast as part-time work expanded and full-time positions declined.

Employment rose by 15,100 following an increase of 69,200 in the prior month, Statistics Canada said today in Ottawa. The jobless rate was unchanged at 7.8 percent. Economists forecast job growth of 25,000 and 7.7 percent unemployment, according to the median estimate of 25 economists surveyed by Bloomberg News.