Canada's labor market saw its first decline of the year in July 2010, with a net loss of 9,300 jobs as employers slashed 139,000 full-time positions but added 130,000 part-time jobs. The unemployment rate rose unexpectedly to 8% from 7.9% the previous month. However, economists believed this surprise drop did not indicate a new trend of job losses and that Canada's labor market remained in better shape than that of the U.S.