Canada’s economy added 88,000 jobs in May, pushing the unemployment rate down to 6.6 percent and partially counteracting the decline in employment so far this year, according to federal data.
The job growth last month allowed Canada to recover nearly 80 percent of the net 112,000 jobs lost during the first four months of 2026, Statistics Canada said in a June 6 report.
The unemployment rate fell to 6.6 percent in May from 6.9 percent in April, StatCan said.
The job growth in May was concentrated in full-time work, with a net addition of 154,000 jobs, StatCan said. In contrast, part-time employment fell by 66,200.
The job gains sharply exceeded the expectations of economists, who had generally anticipated an increase of 10,000 jobs in May and a stable unemployment rate….