Canada May employment change +8.8k vs -12.5k expected
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- Prior +7.4k
- Unemployment rate 7.0% vs 7.0% expected
- Prior 6.9%
- Full-time employment +57.7k vs +31.5k prior
- Part-time employment -48.8k vs -24.2k prior
- Participation rate 65.3% vs 65.3% prior
- Average hourly wages 3.5% vs +3.5% prior
StatCan notes that overall, there has been virtually no employment growth since January, following strong gains from October 2024 to January 2025.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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