Canada added1.8K jobs in October against expectations for a 5K increase, and a far cry from...

|By:, SA News Editor

Canada added1.8K jobs in October against expectations for a 5K increase, and a far cry from gains of 52.1K and 34.3K the previous 2 months. The unemployment rate held steady at 7.4%. Economist Matthieu Arseneau notes the private sector has actually shed 12K jobs over the last 6 months, but the government has added 76K. "With earnings (down), we no not expect a hiring spree anytime soon."