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Employment Numbers as Expected

The numbers from Statistics Canada dealing with jobs in this country may not have been spectacular, but the improvement, such as it was, contained historical significance.

The agency said Canada's economy added 11,000 jobs last month, in line with what economists had been expecting.

Statistics Canada also reported Friday that the job market expanded in Ontario and Manitoba, but shrank in Alberta, Newfoundland and Labrador, and Prince Edward Island.

While not many jobs were added overall, the nation's number crunchers also said fewer people were looking for work, which pushed the jobless rate down two-10ths of a percentage point to 6.3%— the lowest level since October 2008, before the start of the financial crisis.

July's figure means the Canadian economy had added more than 387,000 jobs in the past 12 months.

The IT sector, wholesale and retail trade, and manufacturing sectors added jobs, while the education sector, public administration and agriculture sectors lost jobs.