Canada created 95,000 new jobs last month, a huge gain over what was expected. It is, officials said, the biggest monthly gain in nearly 11 years, Even better, these were mostly full-time positions in the private sector. The jump in job creation is the largest since August, 2002, and sent the country’s unemployment rate down 7.1 per cent in May. The numbers come as a antidote to the persistent view that western economies were slipping into a “summer slump”.
