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S&P Global Canada Manufacturing PMI
Canada’s manufacturing sector remained in growth territory during June, expanding for a third month in a row on the back of rising production and new orders. In response, employment numbers were increased to the greatest degree since October 2024, and firms chose to raise their purchasing activity again – although this was partly to protect against supply chain disruption, which remained acute in June. Cost pressures were also intense as the impact of the war in Iran continued to be felt via higher oil, transport and supplier prices. The seasonally adjusted S&P Global Canada Manufacturing Purchasing ... (full story)
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Both total nonfarm payroll employment (+57,000) and the unemployment rate (4.2 percent) changed little in June, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, social assistance, and health care. Leisure and hospitality lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.
U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2% The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday. Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast. The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. Leisure and hospitality employment declined by 61,000 in June.
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The ISM Manufacturing Purchasing Managers Index (PMI) survey continued to reflect health in the U.S. manufacturing sector with a 53.3 topline reading in June 2026. This is the sixth consecutive expansionary reading for the surveys topline metric and, although missing expectations, is down only moderately from Mays 54.0 result. A slowdown in the Production ...