Canada Kicks Ass

Canada's strong job growth surprises analysts
Date: Friday, March 07 2003
Topic: International News

Canada's economy churned out 55,000 new jobs in February – handily beating expectations – as last year's torrid pace of job creation resumed following a January pause.

613,000 jobs added since start of 2002But Statistics Canada reported Friday the country's jobless rate remained at 7.4 per cent in February, unchanged from the previous month, as an increase in labour force participation matched the increase in new jobs.

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