Canada Jobless Rate Falls To 6.5% In June


The unemployment rate in Canada decreased to 6.5 percent in June of 2017 from 6.6 percent in the previous month and below market expectations of 6.6 percent. The number of unemployed persons fell by 18.6 thousand while employed rose by 45.3 thousand, beating market consensus of a 10 thousand increase.

Unemployment decreased by 18,600 to 1,270,300, and employment went up by 45.3 thousand to 18,411,000. Full-time employment increased by 8.1 thousand, following a 77 thousand rise in May. Part-time employment rose by 37.1 thousand after a 22.3 thousand decrease in the previous month.

There were more people working in professional, scientific and technical services (27 thousand); industry (66 thousand) and agriculture (12 thousand). On the other hand, declines were recorded in business, building and other support services (-23 thousand); "other services" (-4.8 thousand); and  transportation and warehousing (-7.4 thousand).

Public sector employment increased by 6,000 and the number of private sector employees went up by 17,800.

Employment rose in Quebec and British Columbia while it was virtually unchanged in the other provinces.

The participation rate increased to 65.9 percent from 65.8 percent in the previous month.

Statistics Canada | Yekaterina Guchshina | yekaterina@tradingeconomics.com
7/7/2017 12:43:25 PM