Implementing more AI to shed even more jobs.The Canadian economy shed almost 25,000 jobs in January as the ailing manufacturing sector and Ontario sustained big losses to start the year.
Despite the hit, the unemployment rate fell to 6.5 per cent in January – the lowest level in 16 months – because fewer people were active participants in the labour market, Statistics Canada said Friday in a report. Economists were expecting the jobless rate to hold steady at 6.8 per cent.
Upvote
6