August 2025 Canada Talent Market Monthly

Canada shed 41,000 jobs, partly offsetting earlier growth

The Canadian economy lost 41K (-0.2%) jobs in July, partly offsetting the increase of 83K in June. The decline was concentrated in full-time work (-51K; -0.3%). 

The unemployment rate held steady at 6.9% as the number of people looking for work or on temporary layoff was roughly unchanged from June. 

Check out the latest edition of the Canada Talent Market Monthly for details.