Canada employment rose 59.9k in June, well above expectation of 19.8k. Employment gains in June were all in full-time work (110k), part-time jobs fell (-50k).
Employment rose in wholesale and retail trade (33k), manufacturing (27k), health care and social assistance (21k) and transportation and warehousing (10k). Meanwhile, declines were recorded in construction (-14k), educational services (-14k) and agriculture (-6k).
Unemployment rate rose from 5.2% to 5.4%, above expectation of 5.3%. There were 1.1m people unemployed in June, an increase of 54k in the month.
Average hourly wages rose 4.2% yoy, down from may’s 5.1% yoy.
, part-time jobs fell (-50k).){kind=link}