OTTAWA, July 8 (Reuters) - Canada's economy created a surprisingly high number of jobs in June, but dismal U.S. data and lack of wage inflation may mean the central bank keeps its foot on the accelerator for a while longer with low rates.
Net employment gains in the month totaled 28,400, Statistics Canada said on Friday, compared with the 15,000 expected by markets. The transport and warehousing industry did the most hiring and overall gains were mostly in part-time and public sector jobs.
The unemployment rate held steady at 7.4 percent as more people entered the labor market.
To read the full, original article click on this link: UPDATE 3-Canada's bright jobs data clouded by U.S. gloom | Reuters
Author:Louise Egan
