- Prior was -40.8K
- Unemployment rate 7.1% vs 7.0% prior
- Full time jobs -6.0K
- Part time jobs -59.7K
- Participation rate 65.1%
- Avg hourly wages for permanent workers +3.6%
This is the worst reading since January 2022. We're now pricing in a 90% chance of a BOC cut in September from 75% beforehand.
Canadian employment report
