Employment increased by 83,000 (+0.4%) in June and the employment rate rose by 0.1 percentage points to 60.9%. The unemployment rate fell 0.1 percentage points to 6.9%. Employment rose among core-aged (25 to 54 years old) men (+62,000; +0.8%) and core-aged women (+29,000; +0.4%). There was little employment change among youth and people aged 55 years and older. There were employment increases in wholesale and retail trade (+34,000; +1.1%), as well as in health care and social assistance (+17,000; +0.6%). Employment declined in agriculture (-6,000; -2.6%) and was little changed in other industries. Employment ... (full story)

Canada’s labour market added a net 83,100 jobs in June and the unemployment rate dropped to 6.9 per cent, according to Statistics Canada data released on Friday. Financial industry experts had expected the job market to stay essentially flat last month, forecasting a net loss of 3,000 jobs, according to consensus estimates published by the Bank of Montreal. Expectations were for the unemployment rate to increase 0.1 percentage point to 7.1 per cent. Friday's data come in the shadow of renewed volatility in the Canada-U.S. trade relationship, after U.S. President Donald Trump threatened new tariffs late Thursday. The ... (full story)