Employment Trends

The unemployment rate in Canada was 7% as of September 2025, up 0.1% from the previous month. The unemployment rate stood 6.5% below the peak from June 2020 but remains above the long-run average.

There were 16,400 more full-time jobs in September 2025 compared to a month earlier. Combined with a loss of 31,700 part-time positions, this led to a decrease of 15,300 total jobs in September.

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

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