Statistics Canada Data: Jobs

jobs: The loonie jumped 0.89 cents to 96.07 cents US as the loonie found some support from Statistics Canada data showing that the economy created 59,000 jobs last month. That exceeded expectations of about 20,000 positions but the growth was mainly for part-time employment, according to 660 News. The loonie also rose as the American dollar backed off after the U.S. Labor Department reported jobs growth of 169,000 last month, narrowly missing expectations of about 175,000 jobs and TORONTO The Canadian dollar spiked almost a full US cent Friday amid mixed jobs data released in Canada and the United States. The unemployment rate fell to 7.1 per cent in August from 7.2 per cent in July. (www.immigrantscanada.com). As reported in the news.