Canadian employment rises in July as unemployment falls to 6.4%
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Canadian employment increased by 75,000 jobs in July 2026, raising the national employment rate to 60.9%. Figures from Statistics Canada show the unemployment rate fell to 6.4%, reaching its lowest level in two years. Job growth was led by core-aged women, with significant gains across wholesale and retail trade, financial services, and construction. Private sector employment added 58,000 positions, while self-employment grew by 44,000. Ontario, British Columbia, Manitoba, and Nova Scotia recorded major employment gains. Average hourly wages rose 2.8% year-over-year to $37.17, pointing to continued strength across key Canadian economic sectors.



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