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Job Creation Heats Up in May

Good employment news coming in this morning: The Canadian economy added a whopping 95,000 jobs in May, the biggest monthly increase in nearly a decade. The job gains were the first major increase for 2013 and many times greater than economists had expected. It brought the country's official unemployment rate down one-tenth of a point to 7.1%. Even young people had an easier time finding employment in May, with about 54,000 of the new workers in the 15 to 24 age group joining the labour force.

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