In June, monthly payroll employment declines were recorded inmanufacturing (-8,400;-0.5%), retail trade (-8,100;-0.4%), construction (-5,200;-0.4%) and health care and social assistance (-3,700;-0.2%). These declines were partially offset by a gain in public administration (3,800; 0.3%).
Meanwhile, job vacancies in Canada increased by2.5% to492,000in June, partially offsetting the cumulative decline recorded in May and April (-37,100;-7.2%). Job vacancies declined by59,200(-10.7%) in June compared to the same month last year.
The job vacancy rate (the number of vacant positions as a proportion of total labour demand) was2.8% in June, up from2.7% in May. In June2024, it was 3.1%.
Year over year, job vacancies were down in11sectors in June. The largest declines were recorded in health care and social assistance (-22,400;-18.5%), transportation and warehousing (-8,000;-24.7%) and retail trade (-7,100;-13.5%). Finance and insurance (3,800; 21.8%) was the only sector to record an increase in vacancies.