July 2022 Canada Talent Market Monthly

07/08/2022
July 2022 Canada Talent Market Monthly

Employment falls and unemployment rate reaches historic low

The Canadian labour market lost 43K (-0.2%) jobs in June, offsetting the gains of 40K in May. The loss in jobs was driven by a decline in self-employment by 59K. This marks the first decline since January 2022 and the first not associated with the tightening of public health restrictions since the beginning of the pandemic.