Wholesale trade, EI both up

Wholesale trade, EI both up

Wholesale trade, EI both up Statistics Canada released data Thursday on wholesale trade and employment insurance – both were up.

Wholesale sales rose 1.3 per cent to $55.3 billion in June, more than offsetting the decline in May, on the strength of gains in five of seven subsectors. In the second quarter of 2015, wholesale sales rose 2.1 per cent compared with the first quarter. In volume terms, wholesale sales rose 1.1 per cent in June.

Meanwhile there were 531,700 people receiving regular Employment Insurance (EI) benefits in June, up 5,200 or 1.0 per cent from May and up 4 per cent from 12 months earlier.

In Alberta, the number of beneficiaries rose for the eighth consecutive month, up 7.7 per cent in June