Prior was -40.8KUnemployment rate 7.1% vs 7.0% priorFull time jobs -6.0KPart time jobs -59.7KParticipation rate 65.1%Avg hourly wages for permanent workers +3.6%
This is the worst reading since January 2022. We’re now pricing in a 90% chance of a BOC cut in September from 75% beforehand.
This article was written by Adam Button at investinglive.com.