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slykethephoxenix@lemmy.ca to Canada@lemmy.ca · 2 days ago

Canada adds surprise 83,000 jobs in June, driving unemployment rate down to 6.9%

www.ctvnews.ca

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Canada adds surprise 83,000 jobs in June, driving unemployment rate down to 6.9%

www.ctvnews.ca

slykethephoxenix@lemmy.ca to Canada@lemmy.ca · 2 days ago
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Surprisingly strong June jobs numbers quash Bank of Canada rate cut odds
www.ctvnews.ca
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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.
  • Avid Amoeba@lemmy.ca
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    2 days ago

    The vast majority of those jobs were part-time, the agency said.

    Important detail.

    • slykethephoxenix@lemmy.caOP
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      2 days ago

      Yep. Was waiting for someone to mention that. Hardly any full times.

    • FireRetardant@lemmy.world
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      2 days ago

      So really, they only added maybe 40,000 jobs and are asking people to share.

    • Mongostein@lemmy.ca
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      2 days ago

      Where do freelancers fit in these stats?

      I’m sometimes over-employed and sometimes pretty damn near unemployed. 🤷‍♂️

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