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Canada Economics: Few signs of sustained strength in June employment data-20260710
花旗· 2026-07-10 22:16
Vi e w p o i n t | 10 Jul 2026 09:41:22 ET │ 9 pages Canada Economics Few signs of sustained strength in June employment data CITI'S TAKE Employment rose by 18.2k jobs in June, stronger than our expectations for flat employment following a very strong increase in May. The unemployment rate moved down to 6.5%, still within the 6.5-7% range that has been consistent with a persistently negative output gap. Divergences across sectors, with very weak goods sector employment but strong services, make us more conv ...