Canadian jobless rate slips to 7.2 per cent in July

Increases in private sector offset by losses in public sector.

Photo courtesy of Wikimedia Commons.

There was was some good economic news this week: Canada'a unemployment rate eased slightly in July, making for three months of growth in jobs numbers.

The Canadian Press has the story:

OTTAWA -- The Canadian economy added jobs in July, building on three consecutive months of growth.

Statistics Canada says the country's unemployment rate fell last month to 7.2 per cent as fewer people entered the workforce.

Increases in the private sector were offset by losses in the public sector and fewer people who were self employed.

The gains were led by the construction sector, which saw an increase of 31,000 jobs.

Employment in the transportation and warehousing sector was up 28,000 jobs, and there were also 28,000 more people working in retail and wholesale trade in July.

There were fewer jobs in health-care and social assistance, elementary and secondary schools, business, building and other support services, natural resources and agriculture.

Alberta and Newfoundland and Labrador posted job gains in July, while Ontario saw losses.

Employment was down 22,400 jobs in Ontario following a slight increase in June.

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