Unemployment and Canada Economy

Canada economy: The numbers were a surprise to the upside, with Canada economy adding 35,000 jobs during the month much better than the 5,000 jobs that economists had been expecting. , according to Canadian Broadcasting Corporation. Along with growth figures GDP , inflation and net trade, unemployment is one of the key indicators of a country economic health. Jobs stats are especially valuable because they are so fresh. As Statistics Canada says, its L abour For ce Survey is "among the most timely and important measures of performance of the Canadian economy." Instant analysis Oil companies across Canada have been slashing their budgets. In previous months, those cuts have not showed up in Canadian unemployment numbers, but t oday job numbers offer a new window on the state of the U.S. and Canadian economies. Jobless figures give unemployed people an update on their prospects for finding work, but labour force statistics do a lot more than that. Canada surprises with 35,400 new jobs U.S. jobs and wages up but so is unemployment rate (news.financializer.com). As reported in the news.