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%.

Canada's rising labour costs outpaced growth at the start of 2026 and business productivity fell for the second straight quarter. Read more

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