Monday, December 04, 2006

Jobless Rate Edges Up to 6.3% in Canada

Canada's economy churned out a better-than-expected 22,400 new jobs in November, but the unemployment rate ticked up slightly as more people were looking for work.

Last month's jobless rate was 6.3 %, up one-tenth of a percentage point from October.

Economists had been expecting about 15,000 new jobs would be created.

November's job growth was in part-time work as the number of full-time jobs actually fell.


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