U.S. Labor Department

U.S. Labor Department: The loonie lost 0.13 of a cent to 95.18 cents US, according to CTV. On Thursday, payroll firm ADP reported that the American private sector created 176,000 jobs last month and TORONTO -- The Canadian dollar closed slightly lower a day ahead of the release of key employment data in Canada and the U.S. The key economic event of the week occurs Friday when the U.S. Labor Department releases its employment report for August. Economists expect the economy cranked out about 180,000 jobs last month but lower numbers of people applying for jobless insurance have encouraged some traders to think the number could be much higher. (www.immigrantscanada.com). As reported in the news.