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Daily Archives: March 20, 2009

Opportunity in layoffs

The job market is a crowded place these days. Layoffs continue apace as the recession drags on and companies claw back. The Canadian economy shed 83,000 jobs last month, bumping the unemployment rate up to 7.7 percent, according to Statistics Canada’s February employment report, released last week. Ontario alone lost 35,000 of those jobs and the province’s unemployment rate of 8.7 percent is the highest it’s been since April 1997.