On July 31, 2025, Statistics Canada reported payroll employment increased by 15,300 (+0.1%) in May 2025, continuing modest growth from April. Health care (+6,200), retail trade (+5,600), and construction (+1,200) led the gains, while manufacturing (-6,400) continued its downward trend. Average weekly earnings rose 3.3% year-over-year to $1,294, showing slower growth compared to April’s 4.3% increase. Meanwhile, job vacancies fell 4.1% to 478,200, reaching the lowest level since October 2017, as the unemployment-to-job vacancy ratio climbed to 3.3, indicating softening labour market conditions.
Canadian payroll employment rises 0.1% in May 2025
