The unemployment rate has scarcely budged since the Fed began a series of 11 rate hikes
Signs of labour market slack emerge in the second quarter, StatsCan says
Unemployment remains historically low in U.S., Europe
Economists see unemployment rate of 6.7%, with job losses of about 50,000
Wage growth rebounded in July, rising 5% year over year
Since the pandemic hit, U.S. employers have added jobs at a blistering pace
The increase came as the economy added 60,000 jobs in June, driven by gains in full-time work
Job gains have moderated, StatsCan says
Unemployment rate rose to 3.7% in May, up from a five-decade low of 3.4% in April
Analysis finds there are no labour shortages for jobs that require high levels of education