The country’s unemployment rate ticked up slightly in May.
Statistics Canada says it rose by a tenth of a percentage points to 6.2 percent.
Year-over-year, unemployment is up 0.9 percent.
The country added over 27,000 new jobs last month.
Canadians are making over five percent more in hourly wages compared to last year.
It’s up $1.69 to $34.94 on average.
Employment did rise in jobs like healthcare, social assistance, finance, insurance and real estate.
But employment declined among women aged 25 to 54 and young men.
Employment was little changed in May 2024 (+27,000; +0.1%) and the unemployment rate increased 0.1 percentage points to 6.2%
For more info: https://t.co/SwHFUu7YQs. pic.twitter.com/mfPBLZj1ja
— Statistics Canada (@StatCan_eng) June 7, 2024
