07/30/2010 01:36 pm ET Updated May 25, 2011

How Has Canada Created So Many New Jobs?

For Canadians, the economic news this summer has been good.

In June, an impressive 93,000 jobs were created, according to the government agency, Statistics Canada. The job growth amazed economists -- they had predicted no more than 20,000 more jobs for the month. The unemployment rate dropped to 7.9 percent, the first time the rate has been below the 8 percent mark since January 2009.

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