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Job report in Canada, May 2017 – Employment rose by 55,000, unemployment rate at 6.6%

Employment rose by 55,000 in May, spurred by an increase in full-time work (+77,000). At the same time, the unemployment rate rose by 0.1 percentage points to 6.6%, the result of more people participating in the labour market. The employment increase in May builds on gains since July 2016, when the current upward trend began.

Compared with 12 months earlier, there were 317,000 (+1.8%) more people employed, mostly the result of increases in full-time work. Over the same period, the total number of hours worked rose 0.7%.

Chart
Unemployment rate

Chosen excerpts by Job Market Monitor. Read the whole story at The Daily — Labour Force Survey, May 2017

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