The Canadian economy shed 6.4K jobs in July 2023, compared to 59.9K jobs rise in the previous month and below the market expectations of a 21.1K increase. Among industries, employment fell in construction (-45,000), public administration (-17,000), information, culture & recreation (-16,000), and transportation & warehousing (-14,000). At the same time, it grew in health care and social assistance (+25,000), educational services (+19,000), finance, insurance, real estate, rental & leasing (+15,000) and agriculture (+12,000). The number of people working full-time and part-time was virtually unchanged. Employment picked up in Alberta (+12,000), New Brunswick (+4,200) and Prince Edward Island (+1,500) but declined in Manitoba (-6,400), and Saskatchewan (-5,700). There were little movements in the other provinces. source: Statistics Canada

Employment Change in Canada averaged 18.47 Thousand from 1976 until 2023, reaching an all time high of 1035.80 Thousand in June of 2020 and a record low of -1991.40 Thousand in April of 2020. This page provides the latest reported value for - Canada Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Employment Change in Canada is expected to be -20.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Employment Change is projected to trend around 50.00 Thousand in 2024 and 300.00 Thousand in 2025, according to our econometric models.

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Canada Employment Change



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-07 12:30 PM Jun 59.9K -17.3K 20K 5.0K
2023-08-04 12:30 PM Jul -6.4K 59.9K 21.1K 20.0K
2023-09-08 12:30 PM Aug -6.4K


Related Last Previous Unit Reference
Unemployment Rate 5.50 5.40 percent Jul 2023
Employed Persons 20166.40 20172.80 Thousand Jul 2023
Unemployed Persons 1166.80 1147.10 Thousand Jul 2023
Part Time Employment -8.10 -49.80 Thousand Jul 2023
Full Time Employment 1.70 109.60 Thousand Jul 2023
Employment Change -6.40 59.90 Thousand Jul 2023
Labor Force Participation Rate 65.60 65.70 percent Jul 2023
Youth Unemployment Rate 10.20 11.50 percent Jul 2023
Labour Costs 130.69 129.05 points Mar 2023
Productivity 106.42 107.06 points Mar 2023
Wages 29.76 29.67 CAD/Hour May 2023
Wages in Manufacturing 31.24 31.49 CAD/Hour May 2023
Minimum Wages 16.65 15.55 CAD/Hour Apr 2023
Population 39.29 38.43 Million Dec 2022
Average Hourly Earnings 34.55 34.20 CAD Jul 2023
Employment Rate 62.00 62.20 percent Jul 2023
Wage Growth 3.60 2.90 percent May 2023
Non Farm Payrolls 17990.00 17860.00 Thousand May 2023
Job Vacancies 781205.00 855890.00 Mar 2023

Canada Employment Change
In Canada, employment change refers to the change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment.
Actual Previous Highest Lowest Dates Unit Frequency
-6.40 59.90 1035.80 -1991.40 1976 - 2023 Thousand Monthly
Volume, SA

News Stream
Canada Employment Shows Little Change
The Canadian economy shed 6.4K jobs in July 2023, compared to 59.9K jobs rise in the previous month and below the market expectations of a 21.1K increase. Among industries, employment fell in construction (-45,000), public administration (-17,000), information, culture & recreation (-16,000), and transportation & warehousing (-14,000). At the same time, it grew in health care and social assistance (+25,000), educational services (+19,000), finance, insurance, real estate, rental & leasing (+15,000) and agriculture (+12,000). The number of people working full-time and part-time was virtually unchanged. Employment picked up in Alberta (+12,000), New Brunswick (+4,200) and Prince Edward Island (+1,500) but declined in Manitoba (-6,400), and Saskatchewan (-5,700). There were little movements in the other provinces.
2023-08-04
Canadian Economy Adds More Jobs than Expected
The Canadian economy created 59.9K jobs in June of 2023, the highest in five months and well above the market expectations of a 20K increase, driven by the rise in full-time work. Among industries, employment grew in wholesale & retail trade (+33,000), manufacturing (+27,000), health care & social assistance (+21,000) and transportation & warehousing (+10,000). At the same time, it declined in construction (-14,000), educational services (-14,000) and agriculture (-6,000). The number of workers went up substantially in full-time work (+110,000), while those of fell in part-time work (-50,000). Employment increased in Ontario (+56,000), Nova Scotia (+3,600) and Newfoundland & Labrador (+2,300) but it slumped in Prince Edward Island (-2,400). There was little change in the other provinces.
2023-07-07
Canadian Economy Sheds Jobs for 1st Time in 9 Months
The Canadian economy shed 17.3K jobs in May of 2023, the first decline in nine months, and compared to forecasts of a 23.2K rise. The number of employees held steady in the private and public sector, while there was a decline in the number of self-employed workers (-40K). Employment fell by 77K for youth aged 15 to 24, offsetting a 63K increase among people aged 25 to 54. There were fewer people employed in business, building and other support services (-31K), as well in professional, scientific and technical services (-13K) while increases were seen in manufacturing (13K) and utilities (4.2K). Employment growth has moderated in recent months and monthly increases averaged 33K from February to April, after strong gains totalling 326K from September 2022 to January 2023.
2023-06-09