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Canada’s job market gains momentum as the national unemployment rate falls to 6.6 percent

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Canada’s job market gains momentum as the national unemployment rate falls to 6.6 percent

The Canadian economy added eighty-eight thousand jobs in May, marking the first major employment increase since November 2025. This growth drove the national unemployment rate down by 0.3 percentage points to 6.6 percent. Full-time positions led the monthly gains, with an increase of 154,000 jobs, which easily offset declines in part-time work. Sector data showed that the construction and culture industries experienced strong growth, while retail trade cut 35,000 positions. Regionally, Ontario and British Columbia led the hiring surge, and Toronto saw its unemployment rate drop sharply to 6.8 percent.

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