Canadian Unemployment at 7.0%

June 6 2025 - Statistics Canada reported that employment fell grew by just 8,800 in May and the unemployment rate increased by 0.1% to 7.0%. Employment rose in British Columbia (+13,000; +0.4%), Nova Scotia (+11,000; +2.1%), and New Brunswick (+7,600; +1.9%) but fell in Quebec (-17,000; -0.4%), Manitoba (-5,800; -0.8%), and Prince Edward Island (-2,700; -2.9%). There was little change elsewhere.

Historically, the unemployment rate had fallen to 4.9% in June and July 2023 - the lowest since records began in 1976. It had reached 13.7% at its worst in May 2020.

Seasonally adjusted, unemployment rates vary from 10.0% (Newfoundland and Labrador) to 4.9% (Saskatchewan). (Quebec).

Rates for provinces were (previous month in brackets):

• Newfoundland and Labrador 9.7% (9.6%)
• Prince Edward Island 8.2% (6.6%)
• Nova Scotia 6.5% (7.2%)
• New Brunswick 6.3% (6.9%)
• Quebec 5.8% (6.0%)
• Ontario 7.9% (7.8%)
• Manitoba 5.9% (5.3%)
• Saskatchewan 4.2% (4.3%)
• Alberta 7.4% (7.1%)
• British Columbia 6.4% (6.2%)

• More Human Resource Articles