Statistics Canada is scheduled to release its June Labour Force Survey, providing an important snapshot of Canada's employment market just days before the Bank of Canada announces its next interest rate decision.

According to a Reuters survey of economists, Canada is expected to have added approximately 10,000 jobs in June. If forecasts prove accurate, the national unemployment rate is expected to remain unchanged at 6.6%.

The upcoming report follows a stronger-than-expected performance in May, when the Canadian economy added 88,000 jobs, significantly exceeding market expectations. That surge helped offset employment losses recorded during the first four months of the year and suggested renewed resilience in the labour market.

Economists at RBC expect June's employment figures to align with the broader market consensus but caution that hiring trends have remained volatile in recent months. Despite ongoing fluctuations, they note that unemployment has gradually eased since last summer and expect the labour market to continue stabilizing through the remainder of the year.

The June employment report is expected to play a key role in shaping expectations ahead of the Bank of Canada's policy announcement on Wednesday. As one of the final major economic indicators before the decision, the data could influence the central bank's assessment of inflation, labour market conditions, and the outlook for interest rates.

Investors, businesses, and policymakers will be watching the report closely for signs of whether Canada's economy continues to maintain momentum amid higher borrowing costs and global economic uncertainty.