Updated
Updated · immigration.ca · Aug 13
Canada Adds 75,000 Jobs in July as Unemployment Falls to 6.4%
Updated
Updated · immigration.ca · Aug 13

Canada Adds 75,000 Jobs in July as Unemployment Falls to 6.4%

3 articles · Updated · immigration.ca · Aug 13

Summary

  • 75,000 jobs were added in July, lifting employment 0.4% and pushing Canada’s unemployment rate down from 6.5% to 6.4%—its third straight monthly decline and lowest level since July 2024.
  • Private-sector hiring drove the gain, with 58,000 new jobs and self-employment up 44,000, while public-sector employment fell 27,000; from April to July, full-time work accounted for all net job growth.
  • Ontario led the monthly increase with 52,000 jobs, while British Columbia added 18,000 and Manitoba 5,900; Alberta showed little July change but posted the strongest annual provincial employment growth at 3.5%.
  • Wholesale and retail trade added 21,000 jobs, followed by finance-related industries at 18,000, professional and technical services at 17,000, and construction at 16,000, even as public administration and agriculture declined.
  • Average hourly wages rose 2.8% year over year to C$37.17, slower than June’s 3.3%, underscoring a labor market that is improving nationally but still uneven across provinces, cities and age groups.

Insights

With private sector hiring booming and public sector jobs vanishing, is Canada's economic recovery masking a deeper structural shift?
Canada just posted its lowest unemployment rate in two years, so why are youth and core-aged workers still struggling to find jobs?
Will Canada's urgent push for new trades workers be enough to outpace looming trade uncertainties and energy price shocks?