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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Leaning Left21Leaning Right5Center8Last UpdatedBias Distribution62% Left
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- 62% of the sources lean Left
62% Left
L 62%
C 24%
15%
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