Windsor's unemployment rate rises above national average in July

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The Canadian economy unexpectedly added 54,100 jobs in July on strength in part-time hiring and the unemployment rate dipped to equal a record low 5.8 percent, Statistics Canada data reported on Friday.

According to Statistics Canada, there were a total of 741,200 people employed in Ottawa and Gatineau last month, a loss of 3,700 jobs from June.

Data collected for the Labour Force Participation Survey showed Windsor's participation rate rose a tenth of a percentage point in July to 60.5 per cent. In July of 2017, the unemployment rate was 10.5 per cent, though the participation rate was just 64.2 per cent, a number that is now at 65.5, pushing the labour force to 22,400 from 21,900 this time a year ago.

Month-over-month, Saskatchewan's employment fell by 4,200, bringing the unemployment rate up 0.3 percentage points to 6.6 per cent.

The country added 82,000 part-time jobs and lost 28,000 full-time jobs last month, posting a net gain of 54,100 positions, Statistics Canada said in its latest labor force survey. Camrose-Drumheller is sitting at an unemployment rate of 4.5 per cent up from June's 4.4 per cent.

Calgary's rate increased slightly from 7.7 per cent to 7.9 per cent.

Average hourly wages in July, a figure watched closely by the central bank, rose by 3.0 percent from a year earlier. These gains were largely attributed to an overall growth in the number of part time jobs available.

"In the wacky world of Canada's monthly employment numbers, July came up with another head scratcher, with some big headlines but some disappointments in the fine print", CIBC chief economist Avery Shenfeld wrote Friday in a research note to clients.

For Shenfeld, the report contained a "good" set of numbers that will keep markets guessing whether the BoC will introduce its next interest rate hike in September or October.

Compared to previous year, employment was essentially unchanged.

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