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The unemployment rate fell to 6.5 per cent, from 6.6 per cent in May.
Jobless rate fell to 6.5%, from 6.6% in May
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Canada’s economy added a net of 18,000 jobs in June and the unemployment rate edged down to 6.5 per cent, Statistics Canada data showed on Friday, slightly beating estimates and continuing the momentum seen in the prior month despite the lingering trade uncertainty.
Analysts polled by Reuters had forecast a net of 10,000 job gains, following a jump of 87,800 jobs in May, and they had estimated the unemployment rate at 6.6 per cent.
Statistics Canada said the job gains in June were largely concentrated in part-time work and in accommodation and food services and wholesale and retail trade.
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