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Weekly Commentary

The Labour Market Disappoints Again in May

June 4, 2021
Jimmy Jean • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon

KEY STATISTICS OF THE WEEK :

  • United States: Job creation picked up in May, but is still disappointing.
  • United States: May brings a slight rise in the manufacturing ISM, but the services ISM hits a new high.
  • The recovery of the Canadian economy continued in the first quarter.
  • Canada: Employment pulled back again in May.

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