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Canada adds 7.3K jobs in June vs. consensus of 5K. The unemployment rate falls to 7.2% from 7.3%...

Canada adds 7.3K jobs in June vs. consensus of 5K. The unemployment rate falls to 7.2% from 7.3% previously. Average hourly wages up 3.3% Y/Y, the fastest pace since August 2009. The loonie dives 0.3% against the greenback, likely more in reaction to the risk-off move from the weak U.S. number.
Comments (2)
  • And we export more to Canada than China,Germany and France combined
    6 Jul 2012, 09:00 AM Reply Like
  • so let me get this straight...more jobs..less unemployed..more income...weaker loonie...huh?????
    6 Jul 2012, 09:08 AM Reply Like
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