Posted AT 12:01 PM EST on 05/10/07
Jobless rate hits 33-year low
Canada's jobless rate unexpectedly fell to its lowest level since November, 1974, as the economy created triple the jobs that economists expected last month.
Employers added 51,100 jobs September, sending the rate to 5.9 per cent, Statistics Canada said Friday.
The report is the first to give a picture of the Canadian economy last month, and shows employers clearly weren't rattled by a U.S.-led credit crunch that spilled into Canada in August.
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