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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 that Canada added 83,000 jobs in June 2025, causing the unemployment rate to drop to 6.9 percent.
  • This job growth followed three consecutive months of rising unemployment and was unexpected, as economists predicted a rise to 7.1 percent.
  • The gains were mainly in part-time work with 70,000 new part-time jobs and increases in wholesale, retail trade, and healthcare sectors.
  • Royce Mendes of Desjardins Capital Markets called the figures 'solid' and raised his GDP growth forecast for Q2 2025 amid a mild recession outlook.
  • Despite the positive labour data, investors assign only a 19-percent chance that the Bank of Canada will cut interest rates at its July 30 meeting.
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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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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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