Friday, May 6, 2011

Canada Adds Three Times More Jobs Than Expected: Unemployment At 7.6 Percent

From "Canada Adds More Jobs Than Forecast as Unemployment Falls" by Greg Quinn:
Canada added almost three times more jobs than economists forecast in April and the unemployment rate declined, suggesting the central bank will raise interest rates in the next few months.

Employment rose by 58,300 after a March decline of 1,500, Statistics Canada said today in Ottawa. The jobless rate fell to 7.6 percent....

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