Live Comments Canada employment dropped -68k, unemployment rate ticked up to 8.2%

    Canada employment dropped -68k, unemployment rate ticked up to 8.2%

    Canada employment dropped -68k, or -0.4% in May, much worse than expectation of -20.3k. That’s the decline consecutive month of contraction. Almost all of the decline was in part-time work (-54k, -1.6%). Unemployment rate edged up to 8.2%, from April’s 8.1%, matched expectations.

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