Jobs picture turns negative and there's more bad news to come, economists warn

The second wave of COVID-19 has been chipping away at Canada’s economic rebound for months, but it finally overpowered the labour market’s recovery in December, ending the country’s 2020 on a sour note that may linger for some time. Statistics Canada said Friday that the economy shed approximately 63,000 jobs in December, a worse-than-expected loss and the first decline in overall employment since April. Canada’s...