Canadas economy added the most jobs in more than a decade in May led by full-time employment ranging from construction to retailing, suggesting resilience in domestic demand while foreign trade remains weak.
Employment rose by 95,000 in May, the most since August 2002, and the jobless rate fell to 7.1 percent from 7.2 percent even as more Canadians joined the workforce, Statistics Canada said today in Ottawa. The job gain tripled the highest of 25 forecasts in a Bloomberg economist survey that predicted no change in the unemployment rate.