Canada's jobless rate now 7.2%
"...it does look like there's been a little bit of deterioration since the start of the year." said Doug Porter, Bank of Montreal chief economist.
"In all, six of 10 Canadian provinces lost workers with Quebec's 30,400 setback the deepest fall-off."
That's far weaker than the 27,000 average gain the economy produced during the second half of 2012."
"It is also not sufficient to fill vacancies created by the natural growth in the labour force, which analysts estimate is between 15,000 and 20,000 a month. Under this scenario, it should be expected that the unemployment rate will rise unless a large number of discouraged Canadians drop out of the workforce altogether."
Quotes above from the Huff Post August 9th and the Montreal Gazette August 10, 2013
NOTE: It's the Canadian Energy sector that is attracting the unemployed migration. See the June 27, 2013 post "Hours vs Earnings"