Canada Jobless Rate Rose for Third Month in December to 7.5%
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Canada’s unemployment rate rose for a third month in December, the longest advance in two years, as a gain in jobs trailed growth of the labor force.
The jobless rate increased to 7.5 percent from November’s 7.4 percent and the recent low of 7.1 percent in September, Statistics Canada said today in Ottawa. Employment rose by 17,500, the first gain in three months. Over the past six months, the number of jobs has grown by 7,400, compared with a gain of 191,800 in the first half of 2011.