The following is excerpted from an article by Eric Thomson, Economist, Conference Board of Canada.

Employment continues to rise, with the Canadian economy adding 22,000 more workers in May. Higher employment, coupled with a declining labour force, pushed the unemployment rate down to 7.4 per cent. And part-time employment fell as more workers transitioned into full-time jobs. The fact that all of the job gains were in the private sector and self-employment category is another positive sign...

The article is available in its entirety on the Conference Board of Canada website at:

http://www.conferenceboard.ca/reports/cmaag/2011/cmaag062011.aspx

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