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Canada's economy posts modest job gains in June, unemployment rate edges down
Statistics Canada said employers added 10,000 jobs in June, while economists said the report could shape the Bank of Canada’s next rate decision.
- On Friday, July 10, 2026, Statistics Canada reported that Canada's national unemployment rate fell to 6.5 per cent in June, marking a decline from prior months.
- An unexpected gain of 88,000 jobs in May partially offset job losses from the first four months of the year, setting the stage for June's report.
- Regional unemployment figures diverged sharply in June, with Newfoundland and Labrador at 8.2 per cent, Prince Edward Island at 7.6 per cent, and Alberta at 7.0 per cent.
- The June jobs report serves as the Bank's final major economic assessment before its interest rate decision on Wednesday, influencing potential policy adjustments.
- RBC economists say the labour market remains volatile yet expect elevated unemployment to continue easing through the remainder of 2026 despite recent labour-market swings.
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24 Articles
24 Articles
Statistics Canada reports that 18,000 jobs were created in the country last month. In Quebec, the unemployment rate was 5.4% in June.
·Montreal, Canada
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With the addition of 18,000 jobs, the unemployment rate fell slightly in June in Canada to 6.5%, down 0.1 percentage points. In Quebec, employment increased by 14,000 and the unemployment rate fell by 0.2 percentage points to 5.4%.
·Montreal, Canada
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Coverage Details
Total News Sources24
Leaning Left12Leaning Right1Center10Last UpdatedBias Distribution52% Left
Bias Distribution
- 52% of the sources lean Left
52% Left
L 52%
C 44%
Factuality
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