Canada adds 54,000 jobs in July, but manufacturing employment falls

Source: ICIS News

2018/08/10

TORONTO (ICIS)--Canada’s economy added 54,000 jobs in July from June, driven mostly by part-time work, in particular in services, federal agency Statistics Canada said in a data release on Friday.

However, employment fell in most goods-producing industries, in particular in manufacturing, construction and natural resources.

Manufacturing employment fell 1.1% to 1.72m, more than offsetting an increase in June.

The unemployment rate inched down 0.2 percentage points from June to 5.8% in July.

For the 12 months to July, employment grew by 246,000 or 1.3%, with the gain largely due to growth in full-time work.

Meanwhile, in the US total nonfarm payroll employment rose 157,000 in July with the unemployment rate at 3.9%.

Adjusted to US statistical concepts, Canada's unemployment rate was 4.8% in July, Statistics Canada said.