Canada Adds 18,000 Jobs in June as Unemployment Rate Falls to 6.5%
Updated
Updated · play1037.ca · Jul 13
Canada Adds 18,000 Jobs in June as Unemployment Rate Falls to 6.5%
3 articles · Updated · play1037.ca · Jul 13
Summary
18,000 jobs were added in June, lifting Canadian employment 0.1% and nudging the unemployment rate down to 6.5% from 6.6%, while labour-force participation held at 65%.
Alberta contributed about 8,000 jobs—roughly 44% of the national gain—as private-sector hiring rose and accommodation and food services added 15,000 positions.
Manufacturing lost 17,000 jobs in June and is down 61,000 since January 2025, with TD Economics linking the slide to tariff uncertainty and broader weakness in trade-exposed industries.
3.3% annual wage growth accelerated from 3.0% in May, but TD said the economy is still operating below capacity and expects the Bank of Canada to hold its policy rate at 2.25%.