8 August 2025, 19:28 Canada: Employment Unexpectedly Shrinks.
Canada’s employment fell by 40,800 in July 2025, following a 83,100 increase in June and missing market forecasts of a 13,500 rise. The drop was the steepest since January 2022, largely caused by a 51,000 decrease in full-time employment, which more than offset a 10,300 rise in part-time jobs. Employment was down across several industries, led by information, culture and recreation (-29,000; -3.3%); construction (-22,000; -1.3%); business, building and other support services (-19.200; -2.8%) and health care and social assistance (-17,000; -0.6%). However, it rose in transportation and warehousing (+26,000; +2.4%), marking the first increase since January. Alberta and British Columbia posted notable job losses in July, with employment down by 17,000 (-0.6%) and 16,000 (-0.5%) respectively. Saskatchewan, on the other hand, saw a modest gain of 3,500 jobs (+0.6%), while employment remained broadly stable elsewhere.
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