Friday, July 8, 2011

Canada Adds 28k New Jobs

For the third straight month the Canadian economy gained new jobs with another 28,400 more added in June. The unemployment rate remains unchanged from May at 7.4 percent.

“The report provides some encouraging news that labour markets continue to strengthen with the employment gain in June building further on May’s 22,300 increase and the 58,300 surge in April,” said Paul Ferley, assistant chief economist with RBC Economics Research.

Source: Financial Post

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