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04-09-2009, 08:21 AM
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Canadian Unemployment Rate Rises to 8.0% (Fundamental Analysis Report)
Employment declined by 61,000 in March, all in full-time work. This decrease pushed the unemployment rate up 0.3 percentage points to 8.0%, the highest rate in seven years. Since peaking in October 2008, employment has fallen each month, with net losses totaling 357,000 (-2.1%). In percentage terms, this is the...
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