This report is primarily focused on the hourly labour market in North America, giving an overview of key trends, insights and news articles surrounding this segment.
In July, Canadian employment had little change with +6,600 jobs added and an unemployment rate holding steady at 6.8% for the sixth consecutive month. Compared with 12 months earlier, employment increased by 161,000 or 0.9% as a result of more full-time work. Within July, employment increased among men aged 25 to 54, while there was little change within the other demographic groups.
The US unemployment rate remained steady at 5.3% which in addition to last month, is the lowest rate since May 2008. The increase in employment was led by Retail Trade adding 36,000 jobs in July, and a total of 322,000 jobs over the last 12 months.