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Canada's unemployment rate hit 7%, its highest since 2016, with youth unemployment at 14.2%.
In May 2025, Canada's unemployment rate rose to 7%, its highest since 2016, excluding pandemic years.
The economy added 8,800 jobs, but this was offset by a 49,000 drop in part-time roles.
Full-time employment increased by 57,700.
The rate for 15- to 24-year-olds reached 14.2%, leading the federal government to add 6,000 spots in the Canada Summer Jobs program.
The manufacturing and public administration sectors lost significant jobs, while wholesale and retail trade gained.
The Bank of Canada will monitor the impact of US tariffs on the economy.
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La tasa de desempleo de Canadá alcanzó el 7%, su nivel más alto desde 2016, con una tasa de desempleo juvenil del 14,2%.