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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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Your lookahead horoscope: March 2

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

A Mercury-Neptune link on your birthday will encourage you to use your imagination more and find ways to profit from your ideas. Creative and artistic pursuits will go so well for you this year that you could end up with celebrity status.

ARIES (March 21 - April 20):

An offer of some kind may be tempting but if you are smart you will think about it in a lot more depth before making a decision that can’t be undone. With Venus in your sign turning retrograde as well, relationships must also be handled with care.

TAURUS (April 21 - May 21):

You don’t have to share your innermost thoughts and feelings with other people but it might help if you could be a bit more open with people you know you can trust. Only allow family members and really close friends access to your heart.

GEMINI (May 22 - June 21):

Your position in the world at large may be strong but the planets warn there is a danger you could be too trusting now when dealing with employers and senior colleagues. Only let them know what they need to know about your long-term ambitions.

CANCER (June 22 - July 23):

Before committing yourself to a new career path make sure you know what you are letting yourself in for. Your long-term prospects may be better served by putting your plans on hold for a while as major changes are about to alter the wider landscape.

LEO (July 24 - Aug. 23):

You may have no option over the next few days but to hurt a loved one’s feelings by being ruthlessly honest with them about their recent wrong choices. If you say what they want to hear now it could work out badly for them later in the year.

VIRGO (Aug. 24 - Sept. 23):

Make sure you get proper advice before committing yourself to a course of action that is going to require a large injection of cash. That nagging doubt you are experiencing is your subconscious mind trying to warn you that it may be a poor investment.

LIBRA (Sept. 24 - Oct. 23):

What should be an easy problem to solve is turning into one of those situations where you constantly go round and round in circles. Step back from what is going on and try to see it from a higher perspective. Maybe you’re not meant to make progress.

SCORPIO (Oct. 24 - Nov. 22):

It’s good to be forgiving but it would be foolish to let others get away with words and actions that don’t have to be tolerated. Over the next few days you must call out those whose selfishness could hurt your interests further down the line.

SAGITTARIUS (Nov. 23 - Dec. 21):

You have given so much of yourself in recent weeks that your physical and emotional energy has been badly depleted. Make it your No. 1 aim over the coming week to take more time for yourself. You don’t have to solve all the world’s problems.

CAPRICORN (Dec. 22 - Jan. 20):

The message of the stars for the coming week is that you need to focus on making life simpler on every level. A good way to start would be by stopping doing for friends and family members what they should be doing for themselves.

AQUARIUS (Jan. 21 - Feb. 19):

If someone refuses to join in with your plans it’s not because they want to be obstructive but because they have plans of their own. Be respectful of their wishes and let them know you can work together later when they have more spare time.

PISCES (Feb. 20 - Mar. 20):

Be extra careful when dealing with financial matters. As Venus turns retrograde in the money area of your chart there is a danger you could take too much on trust and end up making a serious loss. Avoid investments that carry a lot of risk.

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