The Canadian economy shed 30.6 thousand jobs in July of 2022, largely missing market expectations of a 20 thousand rise and extending the 43.2 thousand cut from the previous month. Along with June, the figure marked the second month that employment declined without association to strict health restrictions since the start of the Covid-19 pandemic. The decline was focused among the public sector (-51,000), and also concentrated among service providers (-53,000). source: Statistics Canada

Employment Change in Canada averaged 17.88 Thousand from 1976 until 2022, reaching an all time high of 930.50 Thousand in June of 2020 and a record low of -1985.60 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 2022.

Employment Change in Canada is expected to be 150.00 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 23.00 Thousand in 2023, according to our econometric models.

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Canada Employment Change



Calendar GMT Actual Previous Consensus TEForecast
2022-07-08 12:30 PM Jun -43.2K 39.8K 23.5K 25K
2022-08-05 12:30 PM Jul -30.6K -43.2K 20K 25K
2022-09-09 12:30 PM Aug -30.6K


Related Last Previous Unit Reference
Unemployment Rate 4.90 4.90 percent Jul 2022
Employed Persons 19566.50 19597.10 Thousand Jul 2022
Unemployed Persons 1007.10 1003.50 Thousand Jul 2022
Part Time Employment -17.50 -39.10 Thousand Jul 2022
Full Time Employment -13.10 -4.00 Thousand Jul 2022
Employment Change -30.60 -43.20 Thousand Jul 2022
Labor Force Participation Rate 64.70 64.90 percent Jul 2022
Youth Unemployment Rate 9.20 9.20 percent Jul 2022
Labour Costs 124.15 120.53 points Mar 2022
Productivity 106.98 107.46 points Mar 2022
Wages 28.45 28.68 CAD/Hour May 2022
Minimum Wages 15.50 15.00 CAD/Hour Oct 2022
Wages in Manufacturing 28.18 28.67 CAD/Hour May 2022
Population 38.44 38.01 Million Dec 2021
Average Hourly Earnings 32.37 32.37 CAD Jul 2022
Employment Rate 61.60 61.70 percent Jul 2022
Wage Growth 2.50 3.20 percent May 2022
Non Farm Payrolls 17426.00 17457.00 Thousand May 2022
Job Vacancies 890385.00 915545.00 Mar 2022

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
-30.60 -43.20 930.50 -1985.60 1976 - 2022 Thousand Monthly
Volume, SA

News Stream
Canada Employment Unexpectedly Falls
The Canadian economy shed 30.6 thousand jobs in July of 2022, largely missing market expectations of a 20 thousand rise and extending the 43.2 thousand cut from the previous month. Along with June, the figure marked the second month that employment declined without association to strict health restrictions since the start of the Covid-19 pandemic. The decline was focused among the public sector (-51,000), and also concentrated among service providers (-53,000).
2022-08-05
Canadian Economy Unexpectedly Cuts Jobs
The Canadian economy shed 43.2 thousand jobs in June of 2022, against market expectations of a 23.5 thousand rise, fully offsetting the increase of 40,000 recorded in May. This marks the first employment decline not associated with a tightening of public health restrictions since the beginning of the COVID-19 pandemic. The employment loss was almost entirely due to a decrease among workers aged 55 and older. Across industries, a decline in the services-producing sector, particularly in retail trade, was moderated by gains in the goods-producing sector. At the provincial level, employment decreased in Newfoundland and Labrador and Quebec, while there were gains in Prince Edward Island and Manitoba.
2022-07-08
Canadian Economy Adds More Jobs than Expected
The Canadian economy added a net 39.8 thousand jobs in May of 2022, above market expectations of 30 thousand, pointing to the fourth consecutive month of expansion in the workforce. The employment growth was primarily driven by gains in full-time work among young and core-aged women. The increase was spread across several industries, led by wholesale and retail trade, and was concentrated in Alberta.
2022-06-10