Bloomberg News (6/9, Argitis) reported that “Canada’s labor market continued surprising in May, with a greater-than-expected 54,500 jobs gain that also finally came with signs of a pick-up in wages.” Bloomberg News added, “The employment gain – the third biggest one-month increase in the past five years – was driven by the addition of 77,000 new full-time jobs, which offset falling part-time employment.” Fox Business (6/9, Vieira) reported that “gains were led by full-time jobs in the private sector, another signal Canadian companies believe sales prospects are on the upswing,” and “the result comes on the heels of strong economic growth in the first quarter and emerges after the Bank of Canada adopted a more upbeat tone following months of caution.” CBC (CAN) (6/10, Evans) reported that “May’s strong figure means Canada’s economy has added 317,000 jobs in the past year — the strongest 12-month total since February 2013.” CTV News (CAN) (6/9, Blatchford) reported that “the labour market rode a surprisingly strong wave of new jobs last month as hiring rose in key areas like the private sector, manufacturing and full-time work.” CTV News added, “the fresh figures added to several robust labour market gains since the middle of last year – and economists pointed to the performance as more evidence the economy’s early-2017 momentum isn’t about to slow down.”
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