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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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Nationwide Rallies in Australia Amplify Calls for Palestinian Statehood

 

Thousands of Australians took to the streets in more than 40 cities and towns on Sunday, voicing strong support for Palestinians amid escalating tensions between Canberra and Tel Aviv.

Major demonstrations unfolded in Sydney, Melbourne, and Brisbane, with organisers claiming a combined turnout of around 350,000 people nationwide — though police offered lower estimates in some locations. Protesters waved Palestinian flags, chanted “Free, free Palestine,” and demanded the Australian government impose sanctions on Israel.

The rallies came less than two weeks after Prime Minister Anthony Albanese’s government announced it would recognise a Palestinian state, a move welcomed by activists but sharply criticised by Israeli leaders. In Sydney, organiser Josh Lees said the protests aimed to “demand an end to this genocide in Gaza” and push for stronger political action.

Jewish community representatives expressed concern over the tone of the demonstrations, warning they risked creating unsafe environments. The protests follow months of growing public mobilisation in Australia over the Gaza conflict, which Palestinian authorities say has claimed more than 60,000 lives.

The scale and coordination of Sunday’s rallies signal a deepening divide in Australian public opinion — and mounting pressure on the government to balance foreign policy commitments with domestic calls for justice and peace.

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