The Traderszone Network

Published in TZ Latest News 5 August, 2016 by The TZ Newswire Staff

Canada change in private payroll -31.2K vs +10K estimate

Unemployment rate 6.9% vs 6.9 est. Last 6.8%
The Canada employment picture saw a decline of 31.2K jobs much lower than the +10K expected. The job losses were centered in the full time sector which shed -71.4K. That comes on the backs of a -40.1K decline last month. Part time jobs increased by 40.2K (last month +39.4).