Fri, 03 Feb 2012 13:28:18 GMT
Canadian unemployment level reached 9-month record high in January
Canada's jobless rate increased to 9-month record high in January amid slower hiring. The unemployment rate grew to 7.6% compared to 7.5% in December, said Statistics Canada. Economists questioned by Bloomberg earlier predicted that jobless level will remain unchanged at 7.5%. Hiring rose by 2300 last month. Consumers account for about 50% of Canada's economy.