Canada says joblessness rose slightly in June to 6%

Candace Elliott

The provincial unemployment rate rose slightly from 6.2 per cent in May to 6.5 last month.

According to June numbers from Statistics Canada, the jobless rate is 6.7 per cent, up from May's 6.5 and April's 5.9.

The local economy added 1,200 jobs in June, the labour force swelled by 1,800 while there was an extra 600 people who claimed unemployment.

Year-over-year the unemployment rate has held steady from June 2017 when it sat at 7.3 per cent in a labour pool of 40,900 people.

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This is published unedited from the PTI feed.

Nationally, Canada added 31,800 jobs last month. The public sector has increased its membership by 11 800 jobs, while the private sector lost 2,000 employees. Many experts expect that Stephen Poloz, Governor of the Bank first raised the rate from January.

The goods-producing sector added 46,600 positions in June thanks to job-creation boosts in construction, natural resources and manufacturing. At the same time, employment decreased in accommodation and food services, and in agriculture.

Employment increased in Ontario, Saskatchewan, and Manitoba. The global trade deficit was about $1.9 billion in April and $3.9 billion in March.

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The Canadian dollar initially strengthened to C$1.3095 to the USA dollar, or 76.37 US cents, up from C$1.3137, or 76.12 US cents, before later giving up its gains.

Higher imports in May of aircraft, other transportation equipment and energy products fuelled most of the increase.

Exports declined mostly because of weaker trade on motor vehicles and parts as well as metal ores and non-metallic minerals.

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