Friday, February 04, 2011

Administration Touts 69, 200 New Jobs

Canada Adds 69,200 Jobs, Four Times More Than Forecast - Bloomberg:

By Greg Quinn - Feb 4, 2011 11:51 AM CT

"Canada’s job creation in January was more than four times the median forecast, pushing the Canadian dollar to its strongest level since May 2008 and adding to evidence the country’s economic recovery may be accelerating.

Employment rose by 69,200 and the labor force increased by 106,400, Statistics Canada said today in Ottawa. The jobless rate rose to 7.8 percent from December’s 7.6 percent, as more people sought work. Economists forecast 7.6 percent unemployment and job growth of 15,000, according to the median estimates of 25 and 26 economists surveyed by Bloomberg News."

Oops, sorry I was talking about Canada, not the U S.

No comments: