Canadian and US Employment - July 5, 2013

Canadian employment was virtually unchanged in June following a blockbuster month of job growth in May. Total employment grew 1.4% over the past 12 months and the unemployment rate remained at 7.1 per cent in June. For the first half of 2013, Canadian employment growth averaged 14,000 jobs per month.

Some long overdue good news for the BC labour market in June as employers added close to 9,000 total jobs including a remarkable 21,600 full-time positions.  A decline in part-time work partially offset the total employment gains. The unemployment rate in BC fell 0.4 points to 6.3 per cent.

In the US, firms added 195,000 jobs to payrolls, soundly beating market expectations of a 165,000 gain.  The US unemployment rate held steady at 7.6 per cent.


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