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July 07, 2017US EMPLOYMENT, JUNE 2017 US non-farm employment rose +222,000 in June 2017, up from the 152,000 gain reported last month. Over the previous 12 months, employment increased by an average of +187,000 per month.
Employment in healthcare rose by 37,000, while professional and business services increased by 35,000. Food services and drinking places continued to trend upwards, with gains of 29,000 this month. Gains also occurred with social assistance (+23,000), financial activities (+17,000) while construction, manufacturing, wholesale and retail trade showed little change this month.
Comparing the US with Canada and Nova Scotia, the NS unemployment rate for June was 8.8 per cent while Canada's was 6.5 per cent. Although monthly unemployment rates are more variable in Nova Scotia (smaller sample size) the long run average of NS unemployment rates is typically higher than the US, except during the 2009 recession. The US unemployment rate was up 0.1 percentage points to 4.4 per cent.
The US employment rate continued its upward trend with a 0.1 percentage points increase to 60.1 per cent in June. This is higher than the NS June employment rate of 56.6 per cent, which has experienced some months of volatility. In comparison, the national employment rate in Canada has been on a rising trend since the middle of 2016.
The US participation rate increased 0.1 percentage points in June to 62.8 per cent, bringing the civilian labour force up by 361,000. The NS participation rate in the labour force has been volatile in recent months, increasing slightly to 62.1 per cent in June. Canada's labour force participation rates have been stable at just under 66 per cent since 2015.
Note: NS and US labour force statistics refer to different working-age cohorts.
Source: US Bureau of Labor Statistics, Statistics Canada CANSIM table 282-0087
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