US EditionStatCan to publish July jobs figures, giving first look at the economy in Q3
CANADA, AUG 8 – July jobs data will indicate if June's unexpected 83,000 job gains sustained economic momentum, informing Bank of Canada's interest rate decisions, economists say.
- Statistics Canada is releasing July's employment figures on the morning of August 8, 2025, providing new data from Ottawa.
- This release follows June's unexpected gain of 83,000 jobs and economic forecasts expecting only 13,500 additions with rising unemployment.
- Manufacturing sectors have shed jobs due to tariffs, while other industries continue to expand payrolls, indicating mixed labor market trends.
- The Bank of Canada maintained its key interest rate at 2.75 per cent for the third time in a row as it closely monitors employment data.
- These employment figures will offer insights into whether June's economic momentum continued into the third quarter, influencing monetary policy decisions.
Insights by Ground AI
Does this summary seem wrong?
20 Articles
20 Articles
The Peterborough Examiner+18 Reposted by 18 other sources
StatCan to publish July jobs figures, giving first look at the economy in Q3
OTTAWA - Statistics Canada is set to publish new jobs data for July this morning.
·Peterborough, Canada
Read Full ArticleCoverage Details
Total News Sources20
Leaning Left15Leaning Right0Center2Last UpdatedBias Distribution88% Left
Bias Distribution
- 88% of the sources lean Left
88% Left
L 88%
12%
Factuality
To view factuality data please Upgrade to Premium
