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Highlights of Canada Job Report

CANADA
  • "The unemployment rate rose 0.2 percentage points to 5.2%—the  increase since August 2022."
  • Employment declined by 17,300.
  • "On a year-over-year basis, average hourly wages rose 5.1% (+$1.61 to $33.25) in May (not seasonally adjusted)."
  • "Employment fell by 40,000 (-0.3%) in the services-producing sector in May, following an upward trend from August 2022 to April 2023."

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