New Brunswick sheds thousands of jobs in January

Statistics Canada says New Brunswick's unemployment rate dropped in January despite the loss of thousands of jobs.

The latest labour force survey released Friday shows the province added 1,200 full-time jobs in January, but lost 4,300 part-time positions.

But the unemployment rate dropped to 8.9 per cent from 9.3 per cent in December because there were 4,900 fewer people in the labour force.

Year-over-year, New Brunswick gained 4,300 full-time jobs and lost 3,900 part-time positions.

Nationally, the economy added 48,300 net new jobs in January, pulling down the unemployment rate to 6.8 per cent from 6.9 per cent.

With files from The Canadian Press