Jul 08, 2022
By Bob Komsic
The agency says the decline in unemployment is attributed to fewer people looking for work, while the loss in jobs was driven by a decline in self-employment by 59,000 jobs.
Full-time and part-time employment were relatively unchanged since May.
Wages also increased at a faster rate, with average hourly wages rising 5.2 per cent to $31.24 year over year.
The unemployment rate in May was 5.1 per cent, the lowest rate since at least 1976, when Statistics Canada started tracking data.
(The Canadian Press)