Canada’s job market rebounds slightly in June
Posted July 9, 2021 5:42 am.
Last Updated July 9, 2021 7:55 am.
OTTAWA (NEWS 1130) — Statistics Canada says the country regained 231,000 jobs in June. It comes following two months of job losses across the country, as many companies shed staff during the third wave of the pandemic.
The unemployment rate falls from 8.2 per cent in May to 7.8 per cent in June.
#Breaking Canada's job market regains 231,000 jobs in June (est. 175,000)
Unemployment rate falls from 8.2 to 7.8%— Mike Eppel (@eppman) July 9, 2021
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 says the part-time gains were driven by jumps in jobs in the hard-hit retail and food services sectors and concentrated among youth.
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 says the employment gap is likely closer to 540,000 jobs when factoring in population growth.
