Edmonton unemployment rate remains above national average

A healthy gain of 31,800 jobs last month wasn't enough to keep the country's unemployment rate from rising to six per cent as more people searched for work, Statistics Canada said Friday. Professional and business services, manufacturing, health care, construction, and mining all added jobs in June.

The Labor Department said that average hourly earnings rose five cents, or 0.2% in June after increasing 0.3% in May.

The broader US economy appears sturdy.

No evidence of a skills shortage. That kept the annual increase in average hourly earnings at 2.7%.

The rise in unemployment isn't as bad as it seems, said Mark Hamrick, a senior economic analyst for Bankrate.com.

Policymakers at the Federal Reserve, the USA central bank, monitor the report because they can raise interest rates when employment is close to full, wages are rising healthily and unemployment is low. The unemployment rate edged up to 4 percent, but this was due to a reported surge of 601,000 people entering the labor force. The magic of rounding off decimal points (from 3.75 percent in May up to 3.8 percent; and from 4.05 percent in June down to 4.0 percent) made the increase in the jobless rate look smaller than it actually was. Additionally, the Trump administration has drawn attention to the record-low of African American unemployment, even as it remained higher than the overall rate at 5.9%.

Meghan Markle radiates in summery yellow dress for outing with Prince Harry
This brings the total cost of Meghan's look to $2818 or £2129.70. "He loves, loves local cheeses", she said on the program. With so many neutral dresses on hand it seemed as though the Duchess was opting for this palette as her royal wardrobe.

Professional and technical services added 25,100 jobs in June, more than its average of 18,900 over the a year ago.

The June jobs data showed an economy that may be on the cusp of producing stronger pay growth, something that could be disrupted if additional tariffs are imposed.

The economy also faces a substantial threat from the Trump administration's trade war with China and from other, ongoing trade disputes with US allies, including Canada and Europe. "Aside from the immediate job market impacts, the trade disputes risk raising prices for consumers hurting their purchasing power, which then reinforces the dampening impact on the job market", Hamrick added.

Altogether, 285,000 new jobs have been added in the manufacturing sector in the past year.

Read the full report at CNS News.

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