- Prior 41.7k
- Unemployment rate 7.0% vs 7.0% exp. Prior 7.0%
- Full time change -2.3k vs -18.1k prior
- Part time change -8.7k vs +59.9 prior
- Participation rate 66.0 vs 66.1 exp. Prior 66.1
- Q2 labour productivity 1.8% vs 1.6% exp. Prior -0.1%
USD/CAD pirouetting around 1.0860 having been to 1.0837 and 1.0893
StatsCan says that employment was up 0.5% from 12 months ago, mostly in part time work. The total numbers of hours worked is virtually unchanged.
Still we have big flips between full and part time workers and the 0.5% gain from last year is probably the better indicator of trend.
Employment was down in wholesale and retail (-27k), transport and warehousing (-15k) while construction gained (24k), Science and tech (21k), public admin (21k) and shows the biggest yearly gain of +5.1%.
Private sector jobs fell 112k
Canadian employment report 05 09 2014
