Canadian employment falls by 30,000 last month

(Aug. 10, 2012) -- "The pace of job creation clearly slowed in the period from May to July; however, the average monthly gain in employment so far this year has been 17,800," said Desjardins. "The recent slowing has raised concerns that the tumultuous global backdrop is weighing on Canadian business confidence and making it more hesitant about adding new workers."