
ALT Line chart titled "Effectively all of the net job creation has been in healthcare and social assistance, and jobs are shrinking in the rest of the economy" shows change in employment since January 2025. Healthcare and social assistance has added 952,000 jobs through July 2026 with consistent monthly growth, while the rest of the economy has lost 362,000 jobs over the same period, meaning all net job creation has come from a single sector in an unusually unbalanced labor market.

ALT Line chart titled "The pace of job growth in Canada has outpaced job growth in the United States" showing cumulative percent change in employment since December 2024 for Canada and the United States. Canada's employment has grown 1.34% while US employment has increased just 0.34%, meaning Canadian job growth has outpaced the United States by nearly four to one. Canada's employment growth accelerated sharply from 0.98% in June 2026 to 1.34% in July 2026, the highest rate in the period shown, while US employment growth has remained relatively stable between 0.3% and 0.36% from April through July 2026.

















