The Canadian economy added 83,000 jobs in June, while unemployment fell slightly in 0.1 percentage points, according to Statistics Canada.
The vast majority of these works were part -time, the agency said on Friday, with 47,000 positions added in the private sector.
It is the first time that employment increases substantially since January of this year, when the economy added 76,000 new jobs.
June also marked the first decrease in unemployment since January. The employment rate had previously decreased by 0.3 percentage points between March and April, and remained stable in May.
The wholesale and retail commercial industry, as well as medical care and social assistance, saw the highest influx of jobs. Most of the other industries remained stable in the number of people they used, although the agricultural sector fell a few thousand jobs.
The numbers were a positive surprise; A survey conducted by reuters of economists who go to the launch of Friday predicted that unemployment would increase to 7.1 percent, and employment would remain flat.
However, in the long term, unemployment data still paint a negative image. Some 1.6 million people were still unemployed this month, and more than one in five people without work have been looking for work for 27 weeks or more, an increase of 4.1 percentage points since last year.
Statistics Canada said student unemployment was in a maximum of three years in the summer work season. Jayden Dill De CBC spoke with young people and employers about the job search.
For students looking for work during the summer, the unemployment rate is still high: 17.4 percent, compared to 15.8 percent compared to June 2024. Statistics Canada says that this is the highest unemployment rate for students who return since 2009, excluding the pandemic years, when unemployment was particularly high.
Despite some imperfections, such as the fact that most of the aggregate works were part -time, there were positive signs in general, said Benjamin Reitzes, managing director of Canadian Rate and BMO macro strategist, especially given from the fallen that economists expected.
“It doesn’t matter how things cut, this report is materially better than expected,” Reitzes said in a note.
And although the numbers showed an image of an economy that was “hanging there for now,” Reitzes said that continuous tariff turbulence could change things quickly in the future.
