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Canada adds 87,800 jobs, jobless rate down to 6.6%, beating May estimates
Full-time hiring drove the gain, with construction adding 26,800 jobs and wholesale and retail trade losing 35,000 positions, Statistics Canada said.
- On Friday, Statistics Canada reported a surprise gain of 88,000 jobs in May, pushing the unemployment rate down to 6.6 per cent from 6.9 per cent in April.
- The rebound marks the first significant employment increase since November 2025, reversing a broader trend that saw the economy shed 112,000 net jobs during the first four months of 2026.
- Construction led industry growth with 27,000 new jobs, while wholesale and retail trade lost 35,000 positions; young workers aged 15 to 24 added 99,000 full-time roles, though youth unemployment remains at 13.4 per cent.
- Average hourly wages rose 3 per cent in May, a deceleration from 4.5 per cent in April, marking the final major economic indicator before the Bank of Canada's interest rate decision on Wednesday.
- Economists maintain that recent weakness does not meet recession thresholds despite economic growth stalling in the first quarter, as flash estimates suggest real GDP is rising again.
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Canadian economy adds 88,000 jobs in May
The increase in jobs was driven by a growth in full-time roles, with the construction, information and culture, and transportation sectors leading the way. May's job additions are the first significant employment gain since November 2025, Statistics Canada said.
·Canada
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TVA NouvellesReposted by 
Le Journal de Montreal
Le Journal de MontrealThe Canadian labour market rebounded in May, with 88,000 new jobs, and Quebec's unemployment rate fell to 5.6%.
·Montreal, Canada
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The Canadian economy added 88,000 jobs in May, a surprising job creation that contributed to a fall in the unemployment rate from 6.9% in April to 6.6%.
·Montreal, Canada
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Total News Sources45
Leaning Left18Leaning Right2Center8Last UpdatedBias Distribution64% Left
Bias Distribution
- 64% of the sources lean Left
64% Left
L 64%
C 29%
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