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June Jobs Report: What It Means for the Bank of Canada's July 15 Decision

  Friday, July 10, 2026 Statistics Canada releases its June Labour Force Survey today, and the timing couldn't matter more. This is the last major economic data point before the Bank of Canada's next interest rate decision on July 15, 2026 — and whichever way the jobs numbers break, they'll shape what happens to borrowing costs for the rest of the summer. What Economists Are Expecting Consensus forecasts point to a modest but positive jobs report. Economists expect Canada added around 10,000 jobs in June, with the unemployment rate holding steady at 6.6%. That would follow a much stronger May, when the economy added 88,000 jobs and the unemployment rate actually fell by 0.3 percentage points. In other words, June's report is expected to show a cooling-off after May's surprise strength — not a reversal, but a return to a more modest pace of hiring. Indicator May 2026 June 2026 (Forecast) Net Employment Change +88,000 jobs +10,000 jobs (expected) Unemployment Rate 6....
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In a devastating turn of events, a football match in Nzérékoré, Guinea, ended in tragedy as a crowd crush claimed the lives of dozens of spectators. The incident occurred during a local tournament match between the teams of Labé and Nzérékoré, held in honor of Guinea's military leader, Mamady Doumbouya.

The chaos erupted following a controversial decision by the referee, which led to fans of the visiting team, Labé, throwing stones onto the pitch. The situation quickly escalated as police deployed tear gas to disperse the crowd, resulting in a deadly stampede. Harrowing footage from the scene shows fans scrambling to climb the stadium walls in a desperate attempt to escape.

Prime Minister Mamadou Oury Bah confirmed the tragic events, expressing deep sorrow and calling for calm as authorities work to restore order and provide aid to the injured. The exact number of casualties remains unclear, but reports indicate that many of the victims were children.

This incident is a stark reminder of the dangers posed by overcrowded stadiums and the need for stringent safety measures to prevent such tragedies in the future. The government has pledged to conduct a thorough investigation to determine the cause of the stampede and ensure accountability.

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