Despite a slight decline in the number of jobs, the unemployment rate in Canada remained at 4.9% in July, which corresponds to the historic low recorded in June.
Posted at 8:41 a.m.
In Quebec, after falling for two of the previous three months, employment remained stable in July. The unemployment rate (4.1%) continued to hover around a record low. In the Montreal metropolitan area, too, employment changed little in July and the unemployment rate held steady at 4.7%.
In Ontario, employment fell by 27,000 in July and the unemployment rate rose 0.2 percentage points to 5.3%.
Across Canada, the unemployment rate was little changed in all major demographic age groups.
Among people aged 25 to 54, the unemployment rate was 4.0%, and was little changed from June for both men (4.0%) and women (4.0%). 1%).
The unemployment rate also changed little in July among people aged 55 and over (4.7%) and young people aged 15 to 24 (9.2%).
As for the change in the average hourly wage of employees, it rose by 5.2% or $1.55 over 12 months to reach $31.14 in July. This annualized increase matches the pace of wage growth that was observed in June.