Canada adds 94, 000 jobs in July, unemployment rate drops


OTTAWA, Aug 6 - Canada added far fewer jobs than expected in July but most of the gains were in full time work, and the unemployment rate continued to tick down, data showed on Friday.

The country added 94,000 jobs in July, short of analyst expectations for a gain of 177,500, and the unemployment rate fell to 7.5%, just off expectations of 7.4%, according to Statistics Canada data.

Part-time employment rose by 83,000, mostly driven by youth and women aged 25 - 54, while full time employment rose by 11,000. The goods sector added 92,900 jobs, while the service sector with only 1,000 new jobs saw a rise of 420 jobs.

In October, the U.S. dollar weakened to 1.2532 to the greenback, or 79.80 cents, after the release of the data.