Canada employment rose 290k in May, unemployment rate rose to record 13.7%

<p>Canada employment grew 290k in May, well above expectation of -500k loss. That also represented a recovery 10.6% of the coronavirus related employment losses. Unemployment rate, however, rose to 13.7%, up from 13.0%, but better than expectation of 15.0%. That was the highest level on record too. Participation rate rose 1.6% to 61.4%, but stayed […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/301080-canada-employment-rose-290k-in-may-unemployment-rate-rose-to-record-13-7/">Canada employment rose 290k in May, unemployment rate rose to record 13.7%</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>