Canada lost 88,000 jobs in January

The Canadian economy shed a surprising 88,000 jobs in January, with the losses concentrated in part-time work, Statistics Canada reported Friday.

The drop in employment — the biggest one-month slide in nine years — pushed the national jobless rate up by 0.1 percentage points to 5.9 per cent.

It’s a marked difference from November and December, when a total of 145,000 jobs were added.