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FIFA World Cup, youth job gains gave the labour market a lift in June
- Employers in Canada added 18,000 jobs in June, mainly in part-time and private sector roles, reducing the unemployment rate to 6.5 per cent.
- Youth aged 15 to 24 gained 33,000 jobs in June, supported by World Cup-related hospitality hiring, though unemployment rates varied within this group.
- Manufacturing lost 17,000 jobs in June, contributing to a total decline of 61,000 jobs since January 2025 due to ongoing U.S. tariffs.
- Economists view the labor market as stabilizing after earlier losses, with overall employment up 99,000 year-over-year and expectations that the Bank of Canada will hold interest rates steady.
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11 Articles
Coverage Details
Total News Sources11
Leaning Left8Leaning Right0Center1Last UpdatedBias Distribution89% Left
Bias Distribution
- 89% of the sources lean Left
89% Left
L 89%
11%
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