Tuesday, May 7, 2024
ADVT 
National

Canadian economy added 230,700 jobs in June

Darpan News Desk The Canadian Press, 09 Jul, 2021 10:09 AM
  • Canadian economy added 230,700 jobs in June

Statistics Canada says the economy added 230,700 jobs in June as restrictions put in place to slow the pandemic were rolled back across the country.

The gain came as the number of part-time positions rose 263,900, bringing it basically back to pre-pandemic levels, while the number of full-time jobs fell 33,200.

Statistics Canada said Friday the part-time gains were driven by jumps in jobs in the hard-hit retail and food services sectors and concentrated among youth.

The 101,000 jobs increase in the accommodation and food services sector was the largest increase since last July, with Quebec, Alberta and British Columbia accounting for most of the increase, while Ontario grew slower on account of restrictions on indoor dining.

More people also went looking for work in June, after giving up on the job hunt in May, as the total size of the labour force increased by 170,000 in June.

The unemployment rate fell to 7.8 per cent for the month compared with 8.2 per cent in May, which the statistics agency says was the lowest of the pandemic since the 7.5 per cent recorded in March.

The result for June left the country about 340,000 jobs, or almost two per cent, below pre-pandemic employment levels seen in February 2020.

Statistics Canada said the employment gap is likely closer to 540,000 jobs when factoring in population growth.

CIBC senior economist Royce Mendes says the overall increase in June shot past the best of market expectations, which could also mean gains in the coming months may be more modest than massive.

This report by The Canadian Press was first published July 9, 2021.

Note to readers: This is a corrected story. An earlier version incorrectly stated the month when the unemployment rate was at its pandemic low.

MORE National ARTICLES

COVID vaccines still work against mutant, researchers find

COVID vaccines still work against mutant, researchers find
New research from France adds to evidence that widely used COVID-19 vaccines still offer strong protection against a coronavirus mutant that is spreading rapidly around the world and now is the most prevalent variant in the U.S.

COVID vaccines still work against mutant, researchers find

Jody Wilson-Raybould not seeking re-election

Jody Wilson-Raybould not seeking re-election
Independent MP Jody Wilson-Raybould will not seek re-election in the next federal campaign, saying in a letter to her constituents on Thursday that Parliament has become "toxic and ineffective" during her time in politics.

Jody Wilson-Raybould not seeking re-election

Canada monitoring 'whole slew' of variants: Tam

Canada monitoring 'whole slew' of variants: Tam
Tam says the Lambda variant first identified in Peru has been confirmed in 11 Canadian cases to date, but adds it's too early to know how widespread it is or what impact it could have.

Canada monitoring 'whole slew' of variants: Tam

PBO: Extending pandemic jobs program to cost $600M

PBO: Extending pandemic jobs program to cost $600M
Most of the extra spending, about $404 million, will take place in this fiscal year under the costing estimate the budget office put out today, with $174 million next year and a final $15 million the year after that.

PBO: Extending pandemic jobs program to cost $600M

Ottawa, B.C. reach deal on child-care funding

Ottawa, B.C. reach deal on child-care funding
Trudeau says the agreement stipulates Ottawa will work with the province to reach an average of $10-per-day child care in regulated spaces for children under six years old before 2027.

Ottawa, B.C. reach deal on child-care funding

Wildfire starts unrelenting in British Columbia

Wildfire starts unrelenting in British Columbia
More than two dozen wildfires sparked overnight across British Columbia and the BC Wildfire Service website shows nearly half are believed to have been caused by lightning.

Wildfire starts unrelenting in British Columbia