Jobs

jobs: TORONTO The Canadian dollar was lower Wednesday, hitting fresh multi-year lows as the greenback strengthened in the wake of strong U.S. jobs data, according to The Chronicle Herald. Payroll firm ADP reported that the American private sector created 238,000 jobs during December. That data came out two days before the release of the U.S. governments employment report for last month. Economists have expected that reading would show that the economy created about 195,000 jobs in total and The currency fell another 0.32 of a cent to 92.51 cents US after falling over a cent Tuesday to its lowest close since late 2009. (www.immigrantscanada.com). As reported in the news.