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CORRECTED-Canada February job losses bigger than expected
(Corrects total number of job losses to 82,600 from 110,900, which is the figure for full-time job losses)
March 13 (Reuters) - The Canadian economy shed more jobs than expected in February, losing a net 82,600 posts in the month as the unemployment rate jumped to 7.7 percent, the highest since 2003, Statistics Canada said on Friday.
Feb 2009 Jan 2009
Jobs gain/loss -82,600 -129,000
full-time -110,900 -113,900
part-time +28,300 -15,100
Unemployment rate 7.7 pct 7.2 pct
Participation 67.4 pct 67.4 pct
Labor force 18.315 mln 18.292 mln
Feb 2009 Feb 2008 Pct change
Avg hourly wage C$22.47 C$21.62 +3.9 NOTE: Analysts surveyed by Reuters had expected the economy to shed 52,500 jobs in February and the unemployment rate to rise to 7.4 percent. The employment figures are seasonally adjusted. Hourly wage figures are for permanent employees. LINK * Statistics Canada report here (Reporting by Louise Egan)
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