Labour Force Survey (July)

The 94,000 increase in LFS employment in July was something of a disappointment given the lifting of coronavirus restrictions at the start of the month in many provinces, but the solid 1.3% m/m gain in total hours worked was more encouraging. With employment in accommodation & food services still almost 20% below its pre-pandemic peak and indoor dining only reopening during the July survey week, there is plenty of scope for even stronger gains in employment over the coming months.