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Wednesday, August 13, 2014

Job creation at its worst

Canada adds only 200 jobs in July: What the analysts say

Canada’s economy created a net 200 jobs in July, far fewer than analysts had expected, in a further sign of how employment growth has stalled, Statistics Canada data indicated on Friday.

Analysts had forecast a gain of 20,000 jobs after the loss of 9,400 positions in June.

The unemployment rate dipped to 7.0% from 7.1% as fewer people looked for work.

Read more: http://business.financialpost.com/2014/08/08/canada-adds-only-200-jobs-in-july-what-the-analysts-say/

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