Jobless rate in Canada climbs to 7.3%
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The steady rise in the value of the Canadian dollar left a clear imprint on Friday on the job market by slowing growth, cutting positions and pushing the unemployment rate for last month up to 7.3 percent.
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The US economy increased at an annual rate of 3.7 percent in the third quarter of this year, the Commerce Department said in a report released on Friday.
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The economy grew at a 3.7 percent annual rate in the third quarter _ a pace slightly better than in the spring but not as strong as many analysts expected.
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The economy created 337,000 new jobs in October, nearly double the 169,000 that Wall Street was expecting. The overall unemployment rate rose marginally to 5.5 percent from 5.4 percent.
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Brazil&#39;s unemployment rate fell in July for the third straight month to a seven-month low of 11.2 percent and wages rose, underscoring the strengthening economy, official data showed on Thursday.
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OTTAWA (CP) - Despite gains of about 34,000 jobs last month, the unemployment rate remained steady in October at 7.1 per cent, Statistics Canada said Friday.
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U.S. employers added 132,000 jobs in June and payrolls rose more strongly than previously thought in April and May, according to a Labor Department report that underlined a strengthening job market.
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WASHINGTON  -The U.S. economy added a  stronger-than-forecast 132,000 jobs in November, the government  reported on Friday, though the unemployment rate edged up  slightly from October.
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OTTAWA (CP) - Despite growing evidence of a strengthening economy, the job market remained sluggish in August, holding the unemployment rate at 7.2 per cent - unchanged from July.
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Canada&#39;s dollar surged past 83 US cents to a new 12-year high as a higher-than-forecast jobs report added to speculation the central bank needs to keep lifting its target interest rate.
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The nation's unemployment rate climbed to a four-month high of 4.6 percent as somewhat wary employers added fewer new jobs in January. Wage gains were more modest.
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TORONTO -- Housing starts in Canada were up in August to a seasonally adjusted annual rate of 241,500 according to Canada Mortgage and Housing Corp.
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Hiring perked up in August as employers added 128,000 jobs, pulling down the unemployment rate to 4.7 percent and flashing a Labor Day weekend message of an economic expansion that still has staying power.
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US jobless claims unexpectedly rose again last week in more worrying news for the labor market while prices for imported goods grew in November, government data showed on Thursday.
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The economy added 18,000 jobs to nonfarm payrolls, the smallest monthly gain in more than four years. The unemployment rate rose to 5 percent.
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NEW YORK, November 5  - The US economy witnessed the highest job growth in the past seven months in October this year, a monthly government data said today.
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Announced job cuts in the technology sector soared 60% in the third quarter to 54,701, the highest figure since the fourth quarter of 2003 (82,328).