Better U.S. job numbers good news for Canada’s stagnant labour market – The Globe and Mail

The contrast between the Canadian and U.S. June employment numbers highlights a growing reality: About the best thing Canada’s economy has going for it is the U.S. economy.

Canada’s job count for the month was virtually unchanged from May (officially, an inconsequential 400-job dip), a slap of reality after the giddiness brought on by May’s massive 95,000-job surge. For the first six months of the year, Canada averaged monthly job creation of 14,000, a lukewarm pace that was only about half as much as in the prior six months.

via Better U.S. job numbers good news for Canada’s stagnant labour market – The Globe and Mail.