Canada Economy Adds 231K Jobs In June

872
Employment rose by 231,000 (+1.2%) in June, following a cumulative decline of 275,000 over the previous two months and the unemployment rate fell 0.4 percentage points to 7.8%, Statistics Canada said on Friday.

The federal agency said that employment growth was entirely in part-time work and concentrated among youth aged 15 to 24.

After falling by 143,000 over the previous two months, full-time work was little changed.

The number of employed people working less than half their usual hours fell by 276,000 (-19.3%). The number of self-employed workers fell by 63,000 (-2.3%); down 7.2% compared with February 2020.

In the three months ending in June, the employment rate for Indigenous people was 55.8%, little changed from February 2020 (56.2%) (not seasonally adjusted).

Total hours worked were little changed and were 4.0% below their pre-pandemic level. The number of Canadians working from home fell by nearly 400,000 to 4.7 million, Statistics Canada noted.

Employment increased in Ontario, Quebec, British Columbia, and Nova Scotia.

The unemployment rate fell to 7.8%, as the total number of unemployed Canadians fell by 61,000 (-3.7%).

The number of people in the labour force—either employed or unemployed—increased by 170,000 (+0.8%).

The labour force participation rate increased 0.6 percentage points to 65.2%.

The unemployment rate among visible minority Canadians aged 15 to 69 fell 1.3 percentage points to 10.1% (not seasonally adjusted).

 

Media Mayor Inc.

Comments are closed, but trackbacks and pingbacks are open.