Employment Trends

The unemployment rate in Canada was 6.9% as of August 2025, unchanged from the previous month. The unemployment rate stood 6.6% below the peak in June 2020 but remains above the long-run average.

There were 14,500 fewer full-time jobs in August 2025 compared to a month earlier. Combined with a gain of 6,800 part-time positions, this led to a decrease of 7,700 total jobs in August.

Full-time employment was still down 14,500 jobs from the peak in July 2025.

* All figures are seasonally adjusted, 3-month moving averages. Seasonal adjustment removes normal seasonal fluctuations.