Friday, December 7, 2012

Canada adds 59,000 jobs in November, B.C. job numbers steady

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Statistics Canada says the economy added a surprisingly strong 59,000 jobs last month, dropping the country's unemployment rate by 0.2 points to 7.2 per cent.

Photograph by: Lynne Sladky , AP

British Columbia's labour force remained steady in November, as the national unemployment rate dipped.

Statistics Canada says B.C.'s unemployment rate rose slightly by 0.1 per cent to 6.8 per cent, while overall the country's rate dropped by 0.2 points to 7.2 per cent.

B.C. lost 4,700 jobs in November, most of them part-time positions.

Overall, the federal agency says the economy added a surprisingly strong 59,000 jobs last month. Economists had expected a smaller increase of about 10,000 jobs last month, following a minimal 1,800 gain in October.

The November jobs report gives hope that Canada's economy will pick up in the last months of 2012 after a disappointing summer.

Canada's economic growth stalled at 0.6 per cent in the third quarter.

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Source: http://feeds.canada.com/~r/canwest/F229/~3/Qcxd9l9Cpfk/story.html

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