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Economists estimate Canada needs to add between 15,000 and 20,000
jobs each month just to keep up with demand from increases in
population. Labor economist Erin Weir of the United Steelworkers noted that along with fewer jobs, the two percent gain in average hourly wages means even those working are not keeping up with inflation. He called on government's to shift focus from austerity to job creation. "The priority should be to create jobs through public investment," he said. "The risk is that budget cutbacks will push Canada back into recession by eliminating public-sector jobs and reducing expenditures that help support private-sector jobs." The biggest losses in February came in the retail and wholesale trade industries, which shed about 37,000 workers, followed by 22,000 job declines in both transportation and warehousing, and health care and social assistance. Meanwhile, employment in finance, insurance, real estate and leasing rose by 41,000, reversing half the declines in the industries over the past five months. There were also smaller gains in educational services, business, building and other support services, natural resources, construction and manufacturing.
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