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Economy Adds 14K Jobs in May

Canada's economy added 14,000 jobs in May, a better-than-expected number that pushed the unemployment rate down two points to 6.9%.

Numbers released by Statistics Canada reported that the jobless rate is now at its lowest level since last July.

The agency said, across the country, there were more jobs in Quebec, Ontario, Manitoba and Prince Edward Island, while they disappeared in Alberta and Nova Scotia. Everywhere else, the employment level stayed about the same.

Economists polled by Bloomberg had been expecting fewer than 1,000 more jobs last month