Canadian employment increased 45,300 for June compared with an expected increase of around 12,000 for the month. This was the second successive month that the data substantially exceeded expectations following a 54,500 gain for May. Full-time employment increased by 8,100 for the month and there was an annual increase of 1.7% in the year to June with an employment increase of close to 250,000. There was an increase in part-time employment of 37,100 for the month while there was a 3.0% increase over the year. The unemployment rate declined to 6.6% from 6.5% the previous month even though the participation rate ... (full story)