Following two months of little change, employment rose by 61,000 in September, all in full time. This increase pushed the unemployment rate down 0.2 percentage points to 7.1%, the lowest rate since December 2008. In the 12 months to September, employment has grown by 1.7% (+294,000), primarily in Ontario and Alberta. Over this period, full-time employment rose by 2.5% (+344,000), part-time work declined 1.5% (-50,000) and total actual hours worked increased 2.0%.
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May
24
Today’s Global
Market Events
Market Events
8:30am
CAD
Corporate Profits q/q
9.0%
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
0.5% vs. -4.0%
9:00am
EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
-10.6 vs. -10.7
10:30am
USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
77B vs. 61B
1:00pm
USD
FOMC Member Dudley Speaks
3:00pm
USD
Treasury Sec Geithner Speaks
7:30pm
JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%
0.1% vs. 0.2%


