Mon, 12 Mar 2012 07:37:39 GMT
Canadian jobless rate declines to 7.4% in February
The unemployment rate in Canada dropped from 7.6% in January to 7.4% in February reported Statistics Canada on Friday. In contrast workforce slumped by 37,900 which is the biggest fall since January 2009. Analysts questioned by Bloomberg predicted a surge of 15 000 payrolls and unchanged jobless rate at 7.6%.