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.
The unemployment rate fell 0.9 percentage points in June to 11.6 per cent, the fourth-lowest rate among the provinces. She also said the employment gains made in both May and June brought back about 40 per cent of the total job losses seen since February.
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.
Here in Niagara, figures aren't as encouraging. If those individuals were counted as unemployed, the data agency said, Canada's unemployment rate would have been 16.3% in June. The 13.7 per cent jobless rate in May was the highest since the Great Depression.
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Despite more people re-entering the workforce, more people were also looking for work. "The significant number of youth who entered the labour force in June is a sign of growing confidence that people can return to work safely".
Economists expect the report will show a bump in employment as a result, further recouping some of the approximately three million jobs lost over March and April. Statistics Canada noted recovery after coronavirus restrictions has been quicker compared to other economic downturns. Comparatively, the Western provinces including Alberta, Saskatchewan, and Manitoba reported job increases of 92,000, 30,000, and 29,000, respectively.
"The best recovery for our economy is making sure that we continue to fight COVID-19".
BMO Capital Markets chief economist Doug Porter said the June jobs report represents a solid step forward, but future labor market advances may be less dramatic.