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National Unemployment Rate Steady, London Adds Jobs

It was steady as she goes on the jobs front last month. Statistics Canada released the lastest unemployment rate, which remained unchanged at 7.1% in June. The economy shed 400 jobs last month, a statistically insignificant number. It was good news in London though, where 600 new jobs were created last month, dropping the unemployment rate from 9.8% to 9.2% In May, when 95,000 new jobs were added in Canada, the largest month of job growth since the recession in 2008.

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