Canada employment dropped -68k, unemployment rate ticked up to 8.2%

Canada employment dropped -68k, or -0.4% in May, much worse than expectation of -20.3k. That’s the decline consecutive month of contraction. Almost all of the decline was in part-time work (-54k, -1.6%). Unemployment rate edged up to 8.2%, from April’s 8.1%, matched expectations.

Full release here.