Unemployment Rate

unemployment rate: TORONTO - The Canadian dollar spiked almost a full US cent Friday amid mixed jobs data released in Canada and the United States. , according to Winnipeg Free Press. The unemployment rate fell to 7.1 per cent in August from 7.2 per cent in July. Canadian dollars coins are shown with U.S dollars bills April 6, 2010 in Montreal. THE CANADIAN PRESS/Ryan Remiorz 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. (www.immigrantscanada.com). As reported in the news.