Employment Trends

The unemployment rate in Canada was 6.9% as of July 2025, unchanged from the previous month. The unemployment rate stood 6.6% below the peak in June 2020 but remains above the long-run average.

There were 6,700 more full-time jobs in July 2025 compared to a month earlier. Combined with a gain of 10,300 part-time positions, this led to an increase of 17,000 total jobs in July.

Full-time employment has recovered since reaching a bottom in April 2025 and now stands at a record high.

* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.