Windsor's Labour Participation Rate Lowest In Canada

The New Brunswick economy lost 1,100 jobs in June pushing the unemployment rate up to 7.5 per cent according to Statistics Canada

The New Brunswick economy lost 1,100 jobs in June pushing the unemployment rate up to 7.5 per cent according to Statistics Canada

They expect the unemployment rate to have held steady at 3.8%, the lowest level since 2000 and 1969 before then.

The unemployment rate in the Montreal region dropped 0.4 percentage points from 6.2 per cent in May to 5.8 per cent in June, Statistics Canada said on Friday.

The look ahead: "Ignore the uptick in the unemployment rate that stems from the rising labor force".

The participation rate - the percentage of the working age population employed or actively looking for work - stayed stable at 67.5 per cent. The one blemish, merely skin deep in this case, was that the unemployment rate rose to 4% from 3.8%.

The June jobs report marks the longest consecutive, positive monthly job expansion on record, at 93 months.

Last month, U.S. employers added 213,000 jobs, exceeding already high expectations of 195,000.

Trade war erupts as China fights back against USA tariffs
Chinese companies and investors girded for the worst, while economists cautioned any impact on the economy would be minimal. From blue jeans to motorbikes and whiskey, the EU's hit-list of products targeted the most emblematic of American exports.

In another sign of vigorous demand for labor, the results for April and May were revised higher by a total of 37,000, bringing the average for the past three months to 211,000.

Manufacturers added 36,000 jobs last month. The low jobless rate has yet to force employers to offer higher wages in order to fill job openings.

Here's what the latest report means for American workers and the U.S economy as we approach the second half of 2018.

"A 32K rise in employment was refreshing news after a couple of weak months".

Economists have warned the tit-for-tat import tariffs could disrupt the supply chain, undermine business investment and raise prices for consumers, and wipe out the stimulus from a $1.5 trillion tax cut package that came into effect in January.

The U.S. economy faces potential drags going forward, including escalating trade disputes with major trading partners such as the European Union, China, Canada and Mexico. The public sector gained 11,800 jobs and the private sector lost 2,000.

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