Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  October 05, 2012 15:51:12

Canada created in September 5 times more jobs than expected


Canadian Bureau of Statistics announced that in September the local economy created 52,100 new jobs, which is five times exceeded expectations. In August, the economy created 34,300 new jobs.
The unemployment rate rose to 7.4% from 7.3% in August, while the number of people of working age increased by 72 600th The market for the expected rate of only stagnation.

Number of full-time employees rose in September by 44,100, the number of part-time workers increased by 8,000 persons. The private sector created 29,100 new jobs and the public sector reduced the 10,800 positions.
Retail and wholesale created 34,100 jobs, 28,800 construction compared to the August decline of 44 000th

Number of employed in September rose by 18,300, the number of self-employed persons grew by 33 then the 800th

The average hourly wage in September grew by 3.3%.

According to market estimates, the unemployment rate in the next year to an average of 7.2% in 2014 and then to 6.9%.
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