CANADIAN EMPLOYMENT (JUNE 2025)

Posted by Adam Chahl on Monday, July 14th, 2025  12:44am.


Date: July 11, 2025

Canadian employment increased by 0.4 per cent from the previous month, gaining 83,000 jobs to reach 21.061 million in June. The employment rate rose by 0.1 points to 60.9 per cent, while the unemployment rate fell by 0.1 points to 6.9 per cent.

Average hourly wages rose 3.2 per cent year-over-year to $36.01 last month, while total hours worked increased by 1.6 per cent compared to June of the previous year.

Provincial Highlights: British Columbia

Employment in B.C. rose by 0.2 per cent to 2.968 million, gaining 5,000 jobs in June. Employment in Metro Vancouver rose by 1.1 per cent to 1.735 million.

The unemployment rate in B.C. fell by 0.8 points to 5.6 per cent, while Vancouver's unemployment rate fell by 0.6 points to 5.8 per cent in June.

Economic Context

June's jobs report marks the first meaningful increase in employment since January, breaking a trend of largely stagnant job creation in 2025. Notably, the vast majority of employment growth was concentrated in part-time positions, reflecting greater demand for temporary roles across many industries during the summer.

Moreover, the Canadian labour market remains relatively weak, with the national unemployment rate hovering near its highest level since the pandemic. This report likely supports a neutral stance from the Bank of Canada and a potential rate hold at its upcoming meeting, though resurgent tariff risks may complicate the Bank’s outlook.


Source: BCREA


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158 W 13th Street 1302, North Vancouver

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158 W 13th Street 1302, North Vancouver

2 Beds 2 Baths 849 SqFt Residential MLS® # R3049419

Babych Group Realty Vancouver Ltd.Real Estate Board of Greater Vancouver Logo

1039 Old Lillooet Road, North Vancouver

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250 W 1st Street 503, North Vancouver

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250 W 1st Street 503, North Vancouver

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565 E 2nd Street 161, North Vancouver

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The Partners Real EstateReal Estate Board of Greater Vancouver Logo

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422 E 3rd Street 557, North Vancouver

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732 E 29th Street, North Vancouver

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$2,348,000

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$1,650,000

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1673 Lloyd Avenue 306, North Vancouver

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1673 Lloyd Avenue 306, North Vancouver

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1500 Fern Street 614, North Vancouver

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683 W Victoria Park 805, North Vancouver

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1401 Hunter Street 2704, North Vancouver

$2,499,000

1401 Hunter Street 2704, North Vancouver

2 Beds 2 Baths 1,324 SqFt Residential MLS® # R3049198

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168 Chadwick Court 503, North Vancouver

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168 Chadwick Court 503, North Vancouver

3 Beds 2 Baths 1,290 SqFt Residential MLS® # R3049169

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