Canada adds 75,000 jobs in July, unemployment rate hits 2-year low

Canada adds 75,000 new jobs in July, unemployment rate lowest in 2 years

Canada's economy added 75,000 jobs in July, pushing the unemployment rate down to 6.4%, its lowest in two years. Gains were split between full- and part-time work, with Ontario leading provincial growth. The report exceeded forecasts, but economists caution that wage growth has slowed and tariffs loom.