Economy adds 953000 jobs in June, 30300 in Saskatchewan, unemployment rate falls

Daniel Fowler
July 11, 2020

The Canadian economy added 952,900 jobs in June, far above the average estimate for a gain of 700,000, the agency says.

In June, 953,000 jobs were added to the labour market in Canada and they were nearly evenly split between full-time and part-time work.

June saw the unemployment rate hit a new high in Kamloops during the pandemic, albeit not by much.

However, with businesses reopening in the province's restart, she said this sector has also seen significant job gains recently.

"Today's employment numbers are an indication that Ontario's economy is beginning to stabilize as we continue to safely and gradually reopen the province", Vic Fedeli, Minister of Economic Development, Job Creation and Trade, said in a statement.

In June, employment was still down 9.2 percent from February before the World Health Organization declared the global pandemic.

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Stats Canada says from February to April of this year, 5.5 million Canadian workers have been affected, adding that it included a dip in the employment of 3 million and a COVID-19 related increase in absences from work of 2.5 million.

Canada-wide, employment rose by almost one million jobs (953,000) in June with retail (184,000) and the service industry (164,000) seeing the largest gains. However, Statistics Canada said more than a quarter of the country's potential labor force was still underutilized in June, an improvement from the previous month but higher than the 11.9% level recorded in February.

One of the unknowns that could impact the 13-per-cent unemployment rate is the take-up of post-secondary education in the fall and into 2021, said Finlayson.

In March and April, Canada lost three million jobs, and more than two million people's working hours were cut.

The number of job-seekers increased by 180,000 people, a trend mostly observed among youth.

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