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Canada loses 30,600 jobs, unemployment rate stays at record low 4.9%

Saturday, August 6, 2022
Canada loses 30,600 jobs, unemployment rate stays at record low 4.9% © Reuters. FILE PHOTO: A help wanted sign at a store along Queen Street West in Toronto Ontario, Canada June 10, 2022. REUTERS/Carlos Osorio

OTTAWA (Reuters) - Canada's economy unexpectedly lost a net 30,600 jobs in July as the public sector contracted, while the unemployment rate stayed at a record low 4.9%, Statistics Canada data indicated on Friday.

Analysts polled by Reuters had expected an increase of 20,000 positions and for the jobless rate to edge up to 5.0%.

July marked the second month in a row of relatively moderate losses. Between May 2021 and May 2022, the economy added a hefty 1.06 million jobs as the recovery from COVID-19 took hold.

The average hourly wages of permanent employees - a figure the Bank of Canada watches closely - rose by 5.4% from July 2021, down from the 5.6% year-on-year increase seen in June but sharply higher than the 2.4% seen at the start of the year.

The central bank last month surprised markets by raising its main interest rate by 100 basis points in a bid to crush inflation, and said more hikes would be needed.

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18-08-2022 00:24:48 (UTC+7)

EUR/USD

1.0165

-0.0005 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (1)

Sell (5)

EUR/USD

1.0165

-0.0005 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (8)

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Indicators:

Buy (1)

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GBP/USD

1.2045

-0.0049 (-0.40%)

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↑ Buy

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Buy (7)

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Sell (1)

USD/JPY

135.43

+1.23 (+0.91%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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Buy (11)

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AUD/USD

0.6928

-0.0094 (-1.34%)

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Buy

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USD/CAD

1.2911

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EUR/JPY

137.67

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0.9689

+0.0035 (+0.36%)

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Gold Futures

1,777.15

-12.55 (-0.70%)

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19.733

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3.5842

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Neutral

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87.89

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Euro Stoxx 50

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S&P 500

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7,515.75

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19,922.45

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42.685

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 EUR/USD1.0165Neutral
 GBP/USD1.2045↑ Buy
 USD/JPY135.43↑ Buy
 AUD/USD0.6928Buy
 USD/CAD1.2911↑ Sell
 EUR/JPY137.67Buy
 EUR/CHF0.9689Sell
 Gold1,777.15↑ Buy
 Silver19.733↑ Buy
 Copper3.5842Neutral
 Crude Oil WTI87.89↑ Buy
 Brent Oil93.42↑ Buy
 Natural Gas9.218↑ Sell
 US Coffee C217.95↑ Sell
 Euro Stoxx 503,756.06Sell
 S&P 5004,272.15Buy
 DAX13,626.71Sell
 FTSE 1007,515.75Neutral
 Hang Seng19,922.45Neutral
 Small Cap 20001,983.85↑ Sell
 IBEX 358,434.80Neutral
 BASF42.685Neutral
 Bayer53.37Neutral
 Allianz177.54Buy
 Adidas169.10↑ Sell
 Lufthansa6.467↑ Sell
 Siemens AG108.64↑ Sell
 Deutsche Bank AG8.856Neutral
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Cập nhật 18-08-2022 00:24:50
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Sản phẩmVùng 1Vùng 2
RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
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Ngoại tệMua vàoBán ra
USD23.235,0023.545,00
EUR23.186,9924.485,46
GBP27.597,2628.774,17
JPY169,51179,46
KRW15,4518,83
Cập nhật lúc 18:50:59 17/08/2022
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