Employment in Canada remained largely unchanged for the third consecutive month in July 2024, with a marginal decrease of 2,800 positions (-0.0%).
Despite this plateau, year-over-year data shows a positive trend, with a total increase of 346,000 jobs (+1.7%), says Statistics Canada in its Labour Force Survey.
July saw a notable decline in private sector employment, with a loss of 42,000 jobs (-0.3%), continuing the recent trend of little movement in this sector. Conversely, the public sector expanded significantly, adding 41,000 jobs (+0.9%), reflecting a robust annual growth of 4.8% (+205,000 jobs).
