US Edition
Canada loses net 65,500 jobs in August, jobless rate rises to 7.1%
- Statistics Canada reported that Canada lost 66,000 jobs and the unemployment rate rose to 7.1 percent in August 2025.
- This decline followed economists’ forecasts of a 10,000 job gain and a rise in unemployment to 7 percent amid ongoing uncertainty over U.S. trade policy.
- Job losses affected part-time positions primarily, with 60,000 fewer part-time jobs, alongside declines in professional, scientific, technical, transportation, and manufacturing sectors.
- Average hourly wages for permanent employees increased 3.2 percent year-over-year to $37.81, a key measure closely watched by the Bank of Canada.
- The data suggests that economic growth and hiring remain weak ahead of the Bank of Canada's interest rate decision scheduled for September 17, 2025.
25 Articles
25 Articles
Unemployment rate climbed to 7.1 per cent in August as economy lost 66,000 jobs (Business)
The Canadian economy lost jobs for the second month in a row as the unemployment rate climbed to its highest level since May 2016, excluding the pandemic period. Statistics Canada said Friday the unemployment rate ticked up to 7.1 per cent in August, its highest level since August 2021, as the econo...
Unemployment Rate Climbed to 7.1 Percent in August as Economy Lost 66,000 Jobs
The Canadian economy lost jobs for the second month in a row as the unemployment rate climbed to its highest level since May 2016, excluding the pandemic period. Statistics Canada said Friday the unemployment rate ticked up to 7.1 percent in August, its highest level since August 2021, as the economy lost 66,000 jobs for the month. The report follows the July labour force survey that showed a loss of 41,000 jobs and an unemployment rate of 6.9 p…
Prince George Citizen
Unemployment rate climbed to 7.1 per cent in August as economy lost 66,000 jobs
OTTAWA — The Canadian economy lost jobs for the second month in a row as the unemployment rate climbed to its highest level since May 2016, excluding the pandemic period. Statistics Canada said Friday the unemployment rate ticked up to 7.
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