Big Drop in the Canadian Unemployment Rate!!!

[arcticmaple]

Big Drop in the Canadian Unemployment Rate

 

16/07/10

Statistics Canada recently announced that the country's employment environment had improved significantly. Canada's employment level surged by 93,200 in June 2010, more than six times the amount that most analysts had expected. The unemployment rate fell from 8.1% to 7.9% as a result.

Since June 2009, employment has increased by 403,000 and the gains offset "nearly all" the job losses during the downturn that began in the autumn of 2008.

Source: Statistics Canada July 2010