Canada adds surprise 83,000 jobs in June, driving unemployment rate down to 6.9%
Canada adds surprise 83,000 jobs in June, driving unemployment rate down to 6.9%
www.ctvnews.ca Surprisingly strong June jobs numbers quash Bank of Canada rate cut odds
The Bank of Canada is increasingly expected to keep its benchmark interest rate on hold later this month after the labour market delivered a surprise hiring surge in June.
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The vast majority of those jobs were part-time, the agency said.
Important detail.
Yep. Was waiting for someone to mention that. Hardly any full times.
So really, they only added maybe 40,000 jobs and are asking people to share.
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