[Doctorfever]

https://www.bnnbloomberg.ca/business...-says-analyst/

It’s hard to pull good news from Canada’s recent labour report, after recording an unexpected loss of 84,000 jobs, however, one labour analyst says it can only get better from here.

With employment falling across the manufacturing, services, wholesale, and construction sectors, it’s been “one terrible month” for Canadian jobs, says Travis O’Rourke, labour analyst and president of recruitment agency, Hays.

“Bloodbath is the right word,” he says, adding the general consensus among economists was that there would be an additional 10,000 jobs added in February.

Instead, Canada lost more than 100,000 full-time jobs with the unemployment rate climbing 0.2 per cent to 6.7 per cent, according to Statistics Canada’s February Labour Force Survey,

This is after January saw a loss of 25,000 positions.

While the numbers look “bad” now, O’Rourke says things will most likely pick up in the spring and summer due to job opportunities stemming from Prime Minister Mark Carney’s infrastructure investments and the much-awaited Canada-U.S.-Mexico Agreement (CUSMA) review deadline on July 1.

“I think there’s brighter signs ahead,” says O’Rourke.

Let’s pull up our bootstraps.