unemployment rate: Economists had expected payback from May's purported growth of 95,000 jobs and they got it with Friday morning's flat reading actually a statistically meaningless loss of 400 jobs in June, according to Huffington Post. That left the unemployment rate at 7.1 per cent, where it was in May and at the start of the year and OTTAWA - Job creation in Canada returned to earth last month as employers pulled back following an apparent hiring binge in May that proved too good to be sustained. More meaningful was the decline of 32,400 jobs among full-time workers, offset by similar-sized gains in part-time jobs. (www.immigrantscanada.com). As reported in the news.

Statistics Canada: The S P/TSX composite index slid 31.75 points to close at 12,134.91, according to CTV. Statistics Canada says the unemployment rate remained unchanged at 7.1 per cent last month as employers pulled back after a wild month of hiring in May and TORONTO -- The Toronto stock market stumbled on Friday as gold prices dropped against a stronger U.S. dollar and improved jobs numbers from south of the border. The loonie was down 0.42 of a cent to 94.63 cents US, as jobs data from Canada beat expectations but was widely underwhelming. (www.immigrantscanada.com). As reported in the news.

Shirley Bond: Minister of Jobs Shirley Bond says employment figures show 8,900 net new jobs were created across the province last month, but she also says job creation has been up and down in B.C. recently, according to Huffington Post. Bond is also pleased with a shift in the types of jobs created, saying 21,600 full-time positions opened up in June, offsetting the disappearance of 12,700 part-time jobs and VICTORIA - British Columbia's jobs minister is pleased with Statistics Canada's latest figures showing B.C. led the country in job creation in June, as the provincial unemployment rate fell half a point to 6.3 per cent. Bond says she's hopeful the June figures are the beginning of a trend showing the Liberal's job plan is starting to kick in. (www.immigrantscanada.com). As reported in the news.

New York Mercantile Exchange: U.S. benchmark crude for August delivery rose US$1.98, or two per cent, to finish at $103.22 per barrel on the New York Mercantile Exchange. That's the highest closing price since May 2, 2012, according to CTV. Following the ouster of Egyptian President Mohammed Morsi on Wednesday, his supporters began a series of protests and attacks Friday. The military opened fire as hundreds of protesters marched on a headquarters of the Republican Guard NEW YORK -- The price of oil marched higher Friday with a positive report on U.S. hiring and ongoing concerns about the crisis in Egypt. Brent crude, a benchmark for many international oil varieties, rose $2.18, or 2.1 per cent, to end at $107.72 per barrel on the ICE Futures exchange in London. (www.immigrantscanada.com). As reported in the news.

U.S. Federal Reserve: TORONTO - Canada's main stock index fell on Friday after a robust U.S. jobs report revived worries that the U.S. Federal Reserve might be set to roll back its stimulus program, a concern that hit both bullion prices and gold-mining shares, according to Reuters. Friday's data showed U.S. job growth was stronger than expected in June and that the employment count for the previous two months was higher than initially reported and By John Tilak Shares of gold producers dropped nearly 3 percent as the jobs figures diminished the safe-haven appeal of bullion. Barrick Gold Corp ABX.TO: Quote , the world's largest gold miner, lost close to 5 percent of its market value and hit its lowest level in about 21 years. (www.immigrantscanada.com). As reported in the news.

Canada: If Canada is truly a multicultural country in the 21st century, why do we need both?, according to The Star. Do all citizens see themselves as multicultural, or is that just a term we use to describe people who dont fit into the old idea of Canada as the mostly white English-French establishment or First Nations and In the past couple of weeks, we ve had Canada Day and Multiculturalism Day. The question is perhaps a bit provocative, but its another way to get at the ongoing debate over whether multiculturalism in Canada is about us or them. (www.immigrantscanada.com). As reported in the news.

unemployment rate: The economy gained a robust 195,000 jobs in June and many more in April and May than previously thought. The unemployment rate remained 7.6 per cent in June because more people started looking for jobs a healthy sign and some didnt find them. The government doesnt count people as unemployed unless they re looking for work, according to 660 News. The job growth is being fueled in part by consumer spending and the housing recovery. Consumer confidence has reached a 5 1/2 year high and is helping drive up sales of homes and cars. Hiring was especially strong in June among retailers, hotels, restaurants, construction companies and financial services firms and WASHINGTON U.S. employers are sending a message of confidence in the economy hiring more workers, raising pay and making the job market appear strong enough for the Federal Reserve to slow its bond purchases as early as September. The Labor Departments report Friday pointed to a U.S. job market thats showing surprising resilience in the face of tax increases, federal spending cuts and economic weakness overseas. Employers have added an average 202,000 jobs for the past six months, up from 180,000 in the previous six. (www.immigrantscanada.com). As reported in the news.

Jacques Mungwarere: Former school teacher Jacques Mungwarere was found not guilty Friday in Canada's second trial under the Crimes Against Humanity and War Crimes Act, according to CTV. He claimed the accusations against him were fabricated. His lawyer said Mungwarere was fingered as a potential murderer three weeks after he agreed to testify for the defence at the trial of another Rwandan in the United States and OTTAWA -- A man who came to Canada in 2001 as a refugee from the terrible Rwandan slaughters of 1994 has been acquitted on charges that he participated in the very genocide he fled. He was acquitted on one count of genocide by murder, and on one count of crimes against humanity by murder, after a 26-week trial by judge alone. (www.immigrantscanada.com). As reported in the news.

Statistics Canada: OTTAWA - Canada shed just 400 jobs in June, indicating the economy had managed to hang on to most of the massive gains it made in May's blowout report, Statistics Canada said on Friday, according to Reuters. The economy lost 32,400 full-time positions in June while adding 32,200 part-time jobs. In theory, this means the net loss was 200 jobs. Statscan, however, says it is sticking with a net loss of 400 jobs and says the discrepancy is due to rounding and By David Ljunggren Market analysts had predicted a loss of 2,500 jobs after May's huge 95,000 new positions, the second highest increase on record. The jobless rate in June stayed steady at 7.1 percent. (www.immigrantscanada.com). As reported in the news.

Jacques Mungwarere: OTTAWA - A man who came to Canada in 2001 as a refugee from the terrible Rwandan slaughters of 1994 has been acquitted on charges that he participated in the very genocide he fled. , according to Winnipeg Free Press. He was acquitted on one count of genocide by murder, and on one count of crimes against humanity by murder, after a 26-week trial by judge alone. Jacques Mungwarere and Justice Charbonneau are shown in a courtroom in Ottawa on Monday, May 28, 2012. Mungwarere has been acquitted of genocide in Canada's second trial under the Crimes Against Humanity and War Crimes Act on Friday. THE CANADIAN PRESS/Sarah Wallace Former school teacher Jacques Mungwarere was found not guilty Friday in Canada's second trial under the Crimes Against Humanity and War Crimes Act. (www.immigrantscanada.com). As reported in the news.