Canada's economy added 953000 jobs in June - RCI | English

Employment rebounds by 30K in Saskatchewan

Windsor's unemployment rate improves, but remains in double digits

The agency says 953,000 jobs were added last month, including 488,000 full-time and 465,000 part-time positions, and the the unemployment rate fell to 12.3 per cent in June after hitting a record-high of 13.7 per cent in May.

The unemployment rate in Prince George as well as B.C. and Canada all saw slight improvements last month.

While the addition of hundreds of thousands of jobs is a step in the right direction, the still-high unemployment rate shows more work still needs to be done to help Canadians weather the economic impacts of COVID-19.

Approximately 2.5 million Canadians were unemployed in June, a decrease of 167,000 (-6.4 per cent) from May but more than double the February level (1.1 million), Statistics Canada reported.

As in May, even though more people found jobs, more people were also looking for work as the labour force grew by about 786,000 after a gain of 491,000 in May, bringing it to within 443,000 of its pre-pandemic level.

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

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The addition of almost a million jobs brings the unemployment rate to 12.3 per cent.

The June totals did not capture people who temporarily lost work due to the coronavirus crisis and want to work, but are not now looking for employment, Statscan said.

Statistics Canada noted that the increase in labour force participation was not equal in men and women, with men seeing greater gains in the participation rate.

Windsor's unemployment rate dropped to 15.2 per cent from 16.7 per cent. Market expectations were for an increase of 550,000 jobs in June, according to economists from National Bank Financial.

In June, employment was still down 9.2 percent from February before the World Health Organization declared the global pandemic. Canadian Finance Minister Bill Morneau said on Wednesday that the 353.2 billion Canadian dollar (about $260 billion) budget shortfall is necessary to support the domestic economy and protect future jobs.

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