Canada 6job gains for the month, unemployment rate 18,000fell to 6.5%
Statistics Canada said 6jobs in Canada rose by 18,000from the previous month, beating market expectations (10,000). The unemployment rate was 6.5%0.1percentage point lower, marking the lowest level since last 1.
Canada 6jobs increased by 18,000from the previous month, beating market expectations (10,000). This figure is the official tally released in early 7.
According to Statistics Canada, 6jobs in Canada increased by 18,000from the previous month, and the agency said this exceeded market expectations (10,000).
By sector, accommodation and food services added 15,000jobs. Employment growth in the sector made a major contribution to the overall net increase.
On the other hand, in manufacturing, 17,000declines in jobs were recorded. Employment contraction in manufacturing highlights the differences within the overall industrial sector.
The employment rate was 60.8%, up 0.1percentage points from the previous period. The indicator showing labor-force participation edged higher.
The unemployment rate was 6.5%, down 0.1percentage points. The figure fell below market expectations (6.6%) and is the lowest level since last 1month (6.5%).
In addition, the unemployment rate has been on a downward trend for 5consecutive months following last 2month. The Statistics Korea release is for 6month, and the announcement date is 7month 10(local time).
Sources: 연합인포맥스
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