US EditionCanada lost 41,000 jobs in July but unemployment rate held steady at 6.9%
CANADA, AUG 8 – Young workers lost 34,000 jobs as private sector declines offset gains in manufacturing and transportation, with 23.8% of unemployed in long-term joblessness, Statistics Canada reported.
- In July, Canada lost 41,000 jobs while the unemployment rate remained at 6.9%, Statistics Canada said.
- The economy lost 51,000 full-time positions last month, including 34,000 in youth aged 15 to 24, driven by U.S. tariff-related disruptions.
- The information, culture and recreation sector lost 29,000 jobs, while transportation and warehousing added 26,000 jobs, its first gain since January.
- Long-Term unemployment surged to its highest share since February 1998, with 23.8% of 1.6 million jobless in July in long-term searches.
- The Bank of Canada held its key policy rate unchanged last week, but money market bets increased the odds of a rate cut on September 17, 2025 to 38%.
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49 Articles
Youth employment rate lowest since 1998, over 50K jobs lost: StatsCan
Source: Statistics Canada, unemployment rate by province, July 2025Author: Quinn PatrickCanada lost a crushing 51,000 full-time jobs last month, according to Statistics Canada’s latest Labour Force Survey.The data revealed a harrowing picture, especially when it comes to youth employment.Share“Overall, there has been little net employment growth since the beginning of the year, and the number of employed people in July was little changed compare…
Canada Lost 41K Jobs in July, With Youth Hit Particularly Hard
Canada’s job market saw a decline of nearly 41,000 positions in July that primarily affected full-time employment, particularly among youth and within the private sector. The country’s employment rate declined 0.2 percentage points in July to 60.7 percent, while its unemployment rate remained steady at 6.9 percent, according to Statistics Canada’s latest Labour Force Survey released Aug. 8. Most of the decline was in the private sector, with 39,…
Toronto, Canada, 8 Aug (EFE).- The Canadian economy destroyed nearly 40,800 jobs in July although the unemployment rate remained at 6,9 %, the same as in June, because fewer people were looking for work, said on Friday the public agency Statistics Canada (EC). Last month, the Canadian economy had created 83,000 jobs. Analysts stressed that July figures indicate that the Canadian economy is going through its worst moment in the last three years a…
Canada sheds thousands of jobs in July as tariffs hit
The Canadian economy lost thousands of jobs in July, sending the share of people employed in the population to an eight-month low, data showed on Friday, as the labor market gave back substantial gains seen in the prior month.
Canada's economy shed over 40,000 jobs in July, partly offsetting earlier growth
The Canadian economy lost thousands of jobs in July, sinking the share of people employed in the population to an eight-month low, data showed on Friday, as the labour market gave back substantial gains seen in June.
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