CANADIAN AND U.S. JOB NUMBERS

Job numbers for June for both Canada and the U.S. were released this morning.  Here are the highlights:

Canada:

Across Canada, there was a loss of about 400 jobs -- a statistically insignificant number that kept the unemployment rate moored at 7.1 per cent.  Following an increase in May, employment in Ontario was little changed in June, as a gain in part-time work was offset by a decline in full-time work. The unemployment rate rose 0.2 percentage points to 7.5%.

U.S.:

The United States added a better-than-expected 195,000 jobs in June.  The unemployment rate held steady at 7.6% as the number of people in the work force continued to rise.