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Canada adds surprise 83,000 jobs in June, driving unemployment rate down to 6.9%

CANADA, JUL 11 – Canada added 83,000 jobs in June, mostly part-time, while the unemployment rate held steady at 6.9%, marking the first decline since January amid economic pressures and tariff concerns.

  • Statistics Canada reported on July 11, 2025, that Canada added 83,000 jobs in June, reducing the unemployment rate to 6.9 percent nationwide.
  • This job growth followed three months of rising unemployment and exceeded economist expectations, which had forecasted flat employment and a rate increase to 7.1 percent.
  • Most of the newly created jobs were part-time, with 34,000 positions added in retail and wholesale trades, 17,000 in healthcare, while the agriculture sector experienced a decline of 6,000 jobs.
  • Royce Mendes of Desjardins called the job numbers 'solid' and increased his GDP growth forecast for Q2 2025, while money markets lowered the odds of a Bank of Canada rate cut to 19 percent.
  • The unexpected labour market strength suggests Canada’s economy may resist a recession this year, but the Bank of Canada will focus more on upcoming inflation data for its July 30 rate decision.
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It stood at 6.9% in the country, thanks to a surprise increase in hiring. In Quebec, the rate rises to 6.3%.

·Montreal, Canada
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Simcoe.comSimcoe.com
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Lean Left

Canada’s unemployment rate drops with more jobs added to economy in June: Statistics Canada report

Ontario's automotive and manufacturing sectors, however, among job losses.

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interactivebrokers.com broke the news in on Thursday, July 10, 2025.
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