RBC: Canadian Labour Market Stabilising with Modest Improvement
RBC economist Nathan Janzen says Canadian labour markets showed further signs of stabilisation in June with modest employment growth and a slight decline in the unemployment rate.
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RBC economist Nathan Janzen reports that Canada's labour market continued to stabilise in June, building on a stronger improvement seen in May.
Employment rose modestly during the month, while per-worker conditions also improved. The unemployment rate edged lower, suggesting the job market is gradually firming.
The data points to a steadying trend after earlier fluctuations, though the pace of improvement remains moderate.
Source: FXStreet Forex News