Canada’s economy lost 2,200 jobs last month

Canada’s economy lost 2,200 jobs in June, and the jobless rate ticked up to 5.5 per cent because more people were looking for work, according to Statistics Canada.

Alberta added 10,000 jobs, while Saskatchewan added 2,500, figures released Friday show.

On the flip side, Manitoba lost 5,200 jobs, while Newfoundland and Labrador lost 2,000. Everywhere else, the jobs number was largely unchanged.

Economists were expecting the economy to have added almost 10,000 jobs.

Despite the weak showing last month, over the past 12 months, Canada’s economy has cranked out 421,000 new jobs.

More to come