Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

C$ jumps after surprise job creation

Friday, February 10, 2017 9:03
% of readers think this story is Fact. Add your two cents.

The Canadian dollar rose on Friday on news that the country unexpectedly created jobs last month and that its unemployment rate fell.

The loonie rose 0.5% against the US dollar and touched C$1.3067, from the day’s low of C$1.3158.

Employment rose by 48,000 in January, according to Statistics Canada, compared with economists’ expectations for a loss of 10,000 jobs. The report also showed that December’s employment figures were revised down to 46,100.

The unemployment rate slid by 0.1 percentage points to 6.8%. The report also showed that the labour force participation rate was largely unchanged from a year ago to 65.8%.

Story by ProactiveInvestors


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.