Canadian Payroll Employment Rises Again -- Market Talk

0930 ET - Canadian payroll numbers ticked up by 24,100, or 0.1%, in May even as job vacancies across the country were little changed for a fifth consecutive month. This follows a increase of 59,000 in April and a flat March. Statistics Canada data shows retail employment rose a third month running, bringing the cumulative gain since March to 20,500, or 1%. Payroll employment in public administration was also up a third straight month, continuing an upward trend since February, and job numbers in health care and social services were up in May. The overall number of employees receiving pay and benefits from an employer was up 0.6% on a year earlier in the latest month. Canada's more timely labor force survey found employment jumped by 87,800 in May and a further 18,200 in June, lowering the unemployment rate to 6.5%, back to where it was in January. (robb.stewart@wsj.com; @RobbMStewart)

(END) Dow Jones Newswires

July 30, 2026 09:30 ET (13:30 GMT)