Well there goes the no jobs higher jobless rate gotta cut rates narrative.
CastAside1812 on
Majority were part time jobs
ankgdfhnnf on
Public sector is still outpacing Private sector in job creation…
itsme25390905714 on
We are so going to end up with stagflation
etoyoc_yrgnuh on
How many of them subsidized by the govt?
ElvinKao on
June 2024 rate cut probability is down to 30%. It rolled over just like every other time for the past year.
mtech101 on
Full time = 40.1 K jobs added
Part time = 50.3 K jobs added.
Unemployment rate drops to 6.1%
BoC better not decrease rates, more pain is needed. Inflation will pick up…
2b_0r_n0t_2b on
Few more quarters of this and it seems like we can officially say we’re in stagflation. Fun fact, Trudeau senior was our PM for a decade during the stagflation of the 70s.
EasternBeyond on
roaring 20s
Minimum_Election4690 on
How many people were added
worldsgone11 on
Stats can is the biggest load of shit. They need to be audited
Sneptacular on
So overall pretty decent? Majority being part time isn’t that great. But idk can’t see too much that’s horrible or to complain about, and I’m the ultimate doomer.
This would be if the US added 700k jobs. And our labour force participation rate is 62% to their 60.7%.
13 Comments
Wages continue to rise rapidly as well:
[Average hourly wages among employees increased 4.7% (+$1.57 to $34.95) on a year-over-year basis in April](https://www150.statcan.gc.ca/n1/daily-quotidien/240510/dq240510a-eng.htm)
Well there goes the no jobs higher jobless rate gotta cut rates narrative.
Majority were part time jobs
Public sector is still outpacing Private sector in job creation…
We are so going to end up with stagflation
How many of them subsidized by the govt?
June 2024 rate cut probability is down to 30%. It rolled over just like every other time for the past year.
Full time = 40.1 K jobs added
Part time = 50.3 K jobs added.
Unemployment rate drops to 6.1%
BoC better not decrease rates, more pain is needed. Inflation will pick up…
Few more quarters of this and it seems like we can officially say we’re in stagflation. Fun fact, Trudeau senior was our PM for a decade during the stagflation of the 70s.
roaring 20s
How many people were added
Stats can is the biggest load of shit. They need to be audited
So overall pretty decent? Majority being part time isn’t that great. But idk can’t see too much that’s horrible or to complain about, and I’m the ultimate doomer.
This would be if the US added 700k jobs. And our labour force participation rate is 62% to their 60.7%.