Canada’s employers continued hiring in May. The economy created 95,000 new mostly full-time jobs.And while Canada’s unemployment rate is still 0.1% higher than the 7% reached at the first months of this year, there are more Canadians working now than there have been at any time in the past 5 years.
Statistics Canada released its monthly labour market survey report this morning (July 10th) for the month of June, and overall, it is fairly good news (the original report is found here: http://www.statcan.gc.ca/daily-quotidien/100709/dq100709a-eng.htm). Canada’s economy created 93,000 jobs – significantly more than generally expected. The trend was lead by Ontario, whereas employment in British Columbia remained unchanged.