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Canadian Unemployment Rate Rises - USD/CAD Jumps Above Parit

posted by Avatar forexcrunch 103 days ago in USD, CAD, Fundamental made popular 103 days ago

Canada gained only 2300 jobs (employment change) , much less than expected. Early expectations stood on a gain of 23.3K after last month's 17.5K gain.

The unemployment rate rose from 7.5% to 7.6%. It was expected to remain at 7.5%.

It's also important to note that full time jobs actually decreased by 3.6. So the bottom line gain is a courtesy of
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