Thursday, August 6, 2015

July 2015 US and Canadian Jobs Data Out Tomorrow

US jobs data is out tomorrow for July and I'm pretty sure Canada's is too. I'm expecting decent but not great numbers for the US.

For Canada I'm not sure. June's data was mediocre after a strong May. If July's data is also good, one would expect that the third quarter will be a lot better for GDP than the first and second. If not, the third quarter could also end up being weak. Ontario's numbers were strong in June so it will be interesting to see if that continues.

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