Canada Unexpectedly Sheds Jobs, Unemployment Rises to 6.1%

(Bloomberg) -- Canada’s labor market unexpectedly lost jobs and the unemployment rate jumped to the highest level in more than two years, signaling greater slack in the economy that will test the central bank’s patient stance on rate cuts.Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionSaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest FaltersZimbabwe Replaces Battered Dollar With New Gold-Backed Currency Called ZiGGiving Up China Is Hard, Even

Related Keywords

Toronto , Ontario , Canada , Quebec , Ottawa , Canadian , Jay Zhao Murray , Bloomberg Businessweek , Simon Harvey , Carter Johnson , Andrew Grantham , Bloomberg , Canadian Imperial Bank , Statistics Canada , Governor Tiff Macklem , Monex Canada , Slow With New Limits , Although Ontario , Unemployment Rate , Bank Of Canada , Jobless Rate , Percentage Points ,