Unemployment Rate: Colin Cieszynski

Colin Cieszynski: "They're having huge problems down there and so it's not a surprise they're continuing to be disrupted and their numbers next month could be as well," said Colin Cieszynski, senior markets analyst at CMC Markets, according to CTV. Still, the unemployment rate moved down to 6.6 per cent from 6.7 per cent, the lowest since October 2008, even as labour force participation increased and - It could be another volatile week on stock markets as traders are again forced to weigh the distorting effects of harsh winter weather on U.S. employment data. Markets ended last week positive, with the TSX up 0.67 per cent and the Dow industrials ahead 0.6 per cent, as traders tried to make the best of January employment data showing the U.S. economy created only 113,000 jobs against the 180,000 that had been expected. That followed a meagre 74,000 gain in December, another month of harsh weather. (www.immigrantscanada.com). As reported in the news.