Canada's economy adds 7,700 jobs
Jun 8, 2012 / 6:04 am
Canada's job creation machine continued to chug along in May, although at a slower pace than in the previous months.
The economy added 7,700 jobs across the country during the month â€” slightly more than economists expected after huge increases earlier this year.
Canada added a total of 140,000 jobs in March and April, the biggest two-month labour market expansion the country has seen in three decades.
Economists had expected May to have brought 5,000 new jobs, and the unemployment rate to have edged up to 7.4 per cent.
In fact the unemployment rate remained unchanged at 7.3 per cent.
The jobs improvement last month came in a broad range of sectors, although there were areas of weakness.
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