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Canada Added 7,100 Jobs in July With Unemployment Rate Declining to 7.2%

From bloomberg.com

Canada added jobs for the fourth straight monthly in July as gains in construction and transportation offset losses in government employment and education, while the unemployment rate fell to the lowest since 2008 as the labor force shrank. Employment rose by 7,100 on a seasonally adjusted basis, Statistics Canada said today in Ottawa, less than the 15,000 median estimate in a Bloomberg News survey of 27 economists. The jobless rate fell to 7.2 percent from 7.4 percent in June, while economists had forecast the jobless rate would be unchanged. Canada’s job market has recovered from the global recession faster than ... (full story)

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