The unemployed rate remains unchanged at 8.2 % despite a small increase in the number of jobs of 17,900 below economist's predictions.there was actually a net loss of 14,200 full time jobs but 32,200 part- time jobs were created The rate remained at 8.8 % in Ontario and diminished slightly in Québec to 8.0 %.
So the recovery is still far too timid for the Bank of Canada to raise interest rates anytime soon. If the governor Mr. Carney does so, he will make a blunder of considerable proportions
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