BUSINESS
08/05/2011 07:01 EDT | Updated 10/05/2011 05:12 EDT

Canada Jobs: Unemployment Rate Drops To 7.2%

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OTTAWA - The Canadian economy added jobs in July, building on three consecutive months of growth.

Statistics Canada says the country's unemployment rate fell last month to 7.2 per cent as fewer people entered the workforce.

Increases in the private sector were offset by losses in the public sector and fewer people who were self employed.

The gains were led by the construction sector, which saw an increase of 31,000 jobs.

Employment in the transportation and warehousing sector was up 28,000 jobs, and there were also 28,000 more people working in retail and wholesale trade in July.

There were fewer jobs in health-care and social assistance, elementary and secondary schools, business, building and other support services, natural resources and agriculture.

Alberta and Newfoundland and Labrador posted job gains in July, while Ontario saw losses.

According to Reuters, the country was expected to create 15,000 jobs in July with the rate steady at 7.4 per cent.

More detail on the numbers from Statistics Canada

In July, employment increased in construction, transportation and warehousing as well as retail and wholesale trade. At the same time, there were decreases in health care and social assistance; educational services; business, building and other support services; natural resources as well as agriculture.

In June, the country's unemployment was at 7.4 per cent, fuelled by 28,000 jobs. The increase in jobs was mainly in the part-time sector, which added 21,000 jobs, compared with 7,000 new full-time jobs.

With files from The Huffington Post Canada