The latest Canadian jobs report, released on July 11, 2025, showed a strong increase in employment, with 83,000 new jobs added in June. This led to a decrease in the unemployment rate, which fell to 6.9%. The report also indicated a rise in the employment rate, reaching 60.9%.
Key Highlights:
- Employment Growth: The Canadian economy added 83,000 jobs in June, reversing a previous trend of slower growth.
- Unemployment Rate: The unemployment rate decreased to 6.9%, a drop of 0.1 percentage points.
- Employment Rate: The employment rate rose to 60.9%, an increase of 0.1 percentage points.
- Sectoral Gains: The wholesale and retail trade industry saw the most significant gains, with 34,000 new positions, followed by health care and social assistance with 17,000 new jobs.
- Manufacturing Rebound: Despite recent concerns about tariffs, the manufacturing sector also saw gains, adding 10,000 jobs in June, according to BNN Bloomberg.
- Tariff Impact: While the report shows overall positive job growth, some areas, like Windsor, Ontario, are still experiencing high unemployment rates due to trade pressures from tariffs.
- Student Unemployment: The unemployment rate for returning students remained elevated at 17.4%.
Overall, the Canadian jobs report indicates a positive trend in June, with strong employment gains and a decrease in the unemployment rate
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