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June Jobs Preview - 08:30 EDT...........>

CANADA DATA
CANADA DATA: June Jobs Preview - 08:30 EDT
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- MNI and Bbg Median June unemployment rate 5.5%...
- ...vs record low 5.4% in May and 5.7% in April. 
- MNI Median total employment +5K; Bbg Median +9.9k...
- ...vs +27.7K in May and record +106.6K in April. 
- Unemployment estimates range from 5.4% to 5.6%
- Employment estimates range between -10K and +20K.
- May unemployment rate fell because of more hiring and lower participation...
- ...suggests some give-back in the jobless rate won't be a major surprise. 
- Job market remains robust even if employment drops, given May's 2.5% YoY gain.
- Wage pressure watched for insight into BoC's July 10 rate decision...
- ...average hourly wages rose +2.8% YoY in May.

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