Jobs: Statistics Canada

Statistics Canada: The loonie moved ahead 0.42 of a cent to 90.75 cents US as Statistics Canada said that 29,400 jobs were created after the economy shed 44,000 jobs during December. , according to Hamilton Spectator. Canada's national unemployment rate slid to 7.0 per cent for the first month of the year, compared with 7.2 per cent in December. The Canadian dollar chalked up a solid gain as employment data for January came in ahead of expectations. Economists had expected that the economy would create about 20,000 jobs last month. (www.immigrantscanada.com). As reported in the news.