Canada unemployment rate fell to 6.6% in May as the economy added 88,000 jobs, the first major employment gain since November 2025. Read on

Canada unemployment rate fell to 6.6% in May as the economy added 88,000 jobs, the first major employment gain since November 2025. Read on

L’économie canadienne a ajouté 88 000 emplois au mois de mai.

Employment in Canada increased by a surprising 87,800 in May after a soft start to the year for the labor market, bringing the jobless rate down to 6.6%.

The increase in jobs was driven by a growth in full-time roles, with the construction, information and culture, and transportation sectors leading the way. May's job additions are…

Here’s what economists had to say about the latest data and what it means for the Bank of Canada’s future interest rate decisions. Read on

Canada added 87,800 jobs in May 2026, crushing forecasts and dropping unemployment to 6.6%. Here's what it means for rate cuts and crypto markets.

Canada added 87,800 jobs in May, crushing forecasts of 10,000. Unemployment fell to 6.6%, dimming Bank of Canada rate cut hopes and pressuring risk assets.

Canada added 88,000 jobs in May 2026, crushing forecasts of 10,000. The unemployment rate fell to 6.6%, reshaping Bank of Canada rate cut expectations.