A woman walks past a job board in Toronto, Canada, on July 8, 2022. (Photo by Zou Zheng/Xinhua)
With both employment and unemployment falling in June, the labor force participation rate, the proportion of the working age population who were either employed or unemployed, fell 0.4 percentage points from May to 64.9 percent.
OTTAWA, July 8 (Xinhua) -- Canada's employment fell by 43,000, or 0.2 percent, in June, marking the first employment decline not associated with a tightening of public health restrictions since the beginning of the COVID-19 pandemic, Statistics Canada announced Friday.
The employment loss was almost entirely due to a decrease among workers aged 55 and older. Across industries, a decline in the services-producing sector, particularly in retail trade, was moderated by gains in the goods-producing sector, the national statistical agency said.
A man rides a bicycle past a job board in Toronto, Canada, on July 8, 2022. (Photo by Zou Zheng/Xinhua)
Meanwhile the unemployment rate fell 0.2 percentage points to a new record low of 4.9 percent as fewer people searched for work. The total number of unemployed workers fell by 54,000, or 5.1 percent, to one million, the agency said.
With both employment and unemployment falling in June, the labor force participation rate, the proportion of the working age population who were either employed or unemployed, fell 0.4 percentage points from May to 64.9 percent.
Total hours worked rose 1.3 percent in June, the first increase since March 2022, and average hourly wages rose 5.2 percent to 31.24 Canadian dollars (25 U.S. dollars) on a year-over-year basis in June, Statistics Canada said. ■
