Canada's unemployment rate comes in at 6.8% in June

Note: This section contains information in English only.
Source: WBP Online
© Reuters

The Canadian unemployment rate declined to 6.8% in the sixth month of the year, whereas analysts anticipated a rise to 7.0% in June from 6.9% seen in the previous month. In the meantime, the net change in employment dropped by 700 employees in the reported month, Statistics Canada said on Friday.

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Fri, 08 Jul 2016 14:10:07 GMT

Non-farm payrolls send US stocks higher

Wall Street opened Friday's trading session higher, as US companies added 287,000 new jobs last moth. The Standard & Poor's 500 Index jumped 0.68%, opening at 2,113.40, whereas the Dow Jones Industrial Average Index gained 0.72%, starting at 18,023.91, and the Nasdaq Composite Index rose 0.59% to open at 4,904.35 points.

Fri, 08 Jul 2016 13:11:28 GMT

US nonfarm payrolls rebound in June

US companies created 267,000 new jobs in June, following the previous month's reading of 38,000 and surpassing the 180,000 market. Furthermore, the country's unemployment rate came in at 4.9% in the reported month, compared to May's 4.7%, whereas analysts expected to see an increase to 4.8%. 

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