Canada Adds 75,000 Jobs as Unemployment Falls to 6.4% in July
Updated
Updated · ImmigCanada · Aug 16
Canada Adds 75,000 Jobs as Unemployment Falls to 6.4% in July
3 articles · Updated · ImmigCanada · Aug 16
Summary
75,000 jobs were added in July, lifting employment 0.4% and pushing Canada’s unemployment rate down 0.1 point to 6.4%, its lowest since July 2024.
51,000 of the gains came from core-aged workers, helping extend the unemployment decline to a third straight month; since April, employment has risen by 181,000 and the jobless rate has dropped 0.5 point.
58,000 private-sector jobs and 44,000 self-employed positions increased in July, offsetting a 27,000 drop in public-sector employment.
Ontario led provincial gains with 52,000 jobs added, while wholesale and retail trade posted the biggest industry increase at 21,000; finance, professional services and construction also advanced.
Average hourly wages rose 2.8% from a year earlier to $37.17, but youth unemployment remained elevated at 12.6%, underscoring uneven conditions across regions and age groups.