Friday, October 06, 2006

Canadian Sept unemployment rate 6.4 pct vs 6.5 pct in Aug

Canadian unemployment was down 0.1 pct in Sept, at 6.4 pct, compared to 6.5 pct in Aug, the Institute of Statistics said. The country reported an increase of 16,000 in the total number of jobs following three months of job numbers decreasing, it said. The figure is slightly better than expected, analysts having forecast levels of 6.5 pct like in Aug.

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