Employment was little changed in May (+27,000; +0.1%) and the employment rate fell 0.1 percentage points to 61.3%. The unemployment rate was 6.2% in May, up 0.1 percentage points in the month and 0.9 percentage points on a year-over-year basis. Employment was up for young women aged 15 to 24 (+48,000; +3.7%) and for women aged 55 and older (+21,000; +1.1%) in May. At the same time, employment declined among core-aged women (aged 25 to 54) (-40,000; -0.6%) and young men (-23,000; -1.6%). Employment rose in May in health care and social assistance (+30,000; +1.1%), finance, insurance, real estate, rental and leasing ... (full story)

Canada’s labour market added a net 26,700 jobs in May while the unemployment rate ticked up to 6.2 per cent, Statistics Canada said on Friday. The increase in jobs was due to more part-time work. Full-time jobs declined 36,000 in May, while part-time employment jumped 62,000. The unemployment rate increased as job growth failed to keep up with Canada's population surge. Wage growth – closely watched by the Bank of Canada – picked up in May, increasing 5.1. per cent compared to a 4.7 per cent increase in April. Analysts expected Canada to add 25,000 jobs in May, according to RBC, with the unemployment rate edging up ... (full story)