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The Canadian and U.S. economies appear to be weathering the economic storm after both countries reported positive — if not breathtaking — employment gains in September, despite fears that another recession may be near at hand
Double-dip recession fears in the US have eased after a better-than-anticipated jobs report for September.
US firms created 103,000 jobs, against economist expectations of 60,000, but the additional hiring was not enough to lift the overall unemployment rate, which stayed at 9.1% for the third month in a row.