US economy added 528 thousand new jobs in July, a stunning result, beating estimates of 250 thousand handily, while the previous reading was revised to show an addition of 398 thousand instead of 372 thousand. 

US unemployment fell to 3.5% in July from 3.6% in June, the lowest since February 2020, and beating estimates of 3.6%.

Canada's employment change showed a loss of 30.6 thousand jobs in July for another month, after another 43.2 thousand loss in the previous reading, while analysts expected a 14.2 thousand addition.

Canada's unemployment rate steadied at 4.9% in July, same as June, the lowest on record, and beating estimates of 5%.