Statistics Canada reports that Canada’s unemployment rate declines to 6.5% in June. The agency also says employment increases by roughly 18,000 jobs over the month, indicating a modest improvement in labour market conditions. One report cites an increase of 18,000 jobs, while another places the gain at 18,200, reflecting minor differences in how figures are presented or rounded across outlets. Both sources agree that the jobless rate moves down to 6.5% in June, following earlier levels reported for the spring. Taken together, the figures point to a tightening labour market, with employment growth outpacing changes in the size of the labour force implied by the lower unemployment rate. The reports do not describe changes in other major indicators, such as wages or hours worked, but they consistently attribute the updates to Statistics Canada’s monthly labour force survey release for June.
Canada unemployment rate falls to 6.5% in June as jobs rise by about 18,000
Statistics Canada reports that Canada’s unemployment rate declines to 6.5% in June. The agency also says employment increases by roughly 18,000 jobs over the month, indicating a modest improvement in...
- Statistics Canada reports Canada’s unemployment rate falls to 6.5% in June.
- Employment rises by about 18,000 jobs in June (reported as 18,000 or 18,200 depending on source rounding).
- Both outlets attribute the figures to Statistics Canada’s June labour force survey data.
- The monthly updates indicate a modest tightening in the labour market, driven by employment growth alongside a lower unemployment rate.
Employment in Canada rose 18,200 in June and the unemployment rate fell to 6.5% as the country’s labor market shows some signs of tightening.
1 month agoStatistics Canada says the unemployment rate ticked lower to 6.5 per cent in June as the economy added 18,000 jobs.
1 month ago
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