News from The Daily
Labour Force Survey
Employment was unchanged for the second consecutive month in July, as gains in full time were offset by similar declines in part time. This leaves overall growth so far this year at 1.3% (+210,000), up from the 0.9% gain observed over the first seven months of last year.
Payroll employment, earnings and hours
The average weekly earnings of payroll employees increased $2.96 (+0.4%) from April to May to $749.94 (seasonally adjusted). This brings the year-to-date growth in earnings to 4.1%.
Business Conditions Survey: Manufacturing industries
A modest improvement in the level of new orders and declining finished product inventories saw manufacturers slightly more positive about production and employment prospects for the third quarter.
General Social Survey: Time use patterns of older Canadians
More individuals aged 55 to 64 were working later in life and spending less time in leisure activities in 2005. Both men and women were spending roughly an hour a day more in paid work than they were in 1998.
The estimated number of Canadians receiving regular Employment Insurance benefits in May was 483,480, down 1.6% from April (seasonally adjusted). The decrease was the fourth consecutive decline and the eighth in the last nine months.
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