- Prior -9.4k
- Unemployment rate 7.0% vs 7.1% exp. Prior 7.1%
- Full time changes -59.7k vs +33.5k Prior
- Part time +60.0k vs -43.0k prior
- Participation rate 65.9% vs 66.1% exp. Prior 66.1%
Adding just 200 jobs compared to 20,000 expected isn’t very good, even if it reverses a loss last month.
USD/CAD bolts to 1.0963
The unemployment rate has fallen as has the participation rate and the full to part time merry-go-round continues with yet more big swings.
With wage growth becoming dominant in economies these days there’s signs of a rise in Canada as the average hourly wage rose 2.1% to C$25.34 from C$24.82
Hard to get a grasp on employment trends when they’re like this.
Canadian full vs part time 08 08 2014
Canadian employment change 08 08 2014
