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    Canada unemployment rate drops to 6.9 percent

    Vincent OsuwoBy Vincent OsuwoJuly 12, 2025No Comments1 Min Read
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    The unemployment rate in Canada reduced slightly to 6.9 percent in June, mainly due to strong hiring in wholesale and retail, manufacturing, and health care, according to the government on Friday.

    Statistics Canada reported that the economy created 83,100 jobs last month, marking the first net rise since January.

    However, most of the job growth was in part-time work, the agency said.

    The increase in employment contrasts with a recent decreasing trend.

    The wholesale and retail industry accounted for 34,000 new jobs, followed by health care and social support (17,000).

    These are the final job data before Canada’s central bank decides on interest rates in a meeting on July 30.

    US President Donald Trump said overnight that he will put a 35% tariff on Canadian exports beginning August 1, one of the higher tariffs he has proposed this week for US trading partners.

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    Lagos: 139 contest for 57 chairmanship seats in Saturday's LG poll

    Lagos Polls: Late arrival of party agents delay LG election in Agboyi-Ketu

    July 12, 2025
    Lagos holds LGA elections as LASIEC officials arrive at polling units

    Lagos holds LGA elections as LASIEC officials arrive at polling units

    July 12, 2025
    Liverpool permanently retire Jota's number 20

    Liverpool retire number 20 in honour of Diogo Jota

    July 12, 2025
    Eberechi Eze fires Crystal Palace to FA Cup glory against Man City

    Crystal Palace Europa League demotion ‘biggest injustice in history of football’ – Steve Parish

    July 12, 2025
    Russia offers to expand scholarship slots for Nigerian students, eyes cultural cooperation

    Russia offers to expand scholarship slots for Nigerian students, eyes cultural cooperation

    July 12, 2025
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