Unemployment moves up 7.3%.
Full time employment adds 25.7K
Part time subtracts -31.2K
Participation Rate falls to 66.7 from 66.8
The weaker employment numbers will certainly move ideas of rate rises out of the question for the Bank of Canada (and with global growth slowing could be a decline next). The decline was the first decline since March 2011.
The USDCAD has moved higher off the news. Traders will be eying the 38.2% of the last leg higher. If the level can hold the price has further potential to run higher.