Posted on July 14 2020
Businesses and workplaces continue to re-open throughout Canada as public restrictions have been eased to a substantial extent. Employers continue with the adaptation of their workplaces for ensuring the health and safety of employees, customers, and the public. Physical distancing and other related requirements continue to remain in place.
The Canadian economy has rebounded following the easing of COVID-19 related lockdown restrictions across Canada. As per a Statistics Canada report – Labour Force Survey [LFS] results for June – May registered a slow start of economic recovery as many returned to work. In June 2020, however, employment in Canada increased by a record of 953,000 people.
The LFS results for June are a reflection of the labour market conditions in Canada as in the week of June 14 to June 20, 2020.
Data for the LFS is based on a sampling of over 50,000 households each month.
As per the LFS for June, the Canadian labour force continued to grow, up 786,000 [4.1%].
In June 2020, employment increased in all provinces in Canada. However, the degree of recovery varies from province to province. Employment reached 97.1% of pre-COVID-19 levels in New Brunswick. Alberta and Ontario reported employment levels at 89.7% of pre-COVID-19 levels in June.
As per the LFS results for June 2020, employment in Canada grew in the majority of the industries.
According to the report, “Building on an initial recovery of 290,000 in May, employment rose by nearly one million in June [+953,000; +5.8%], with gains split between full-time work [+488,000 or +3.5%] and part-time work [+465,000 or +17.9%].”
The Report goes on to state that the initial recovery of employment in Canada has been sharper as compared to the “previous downturns when recovery to pre-downturn employment has taken from two to five years”.
An increase in the employment rate was also seen among very recent immigrants to Canada, that is, those that have immigrated within the previous 5 years.
With most of the COVID-19 related restrictions being lifted and the Canadian economy on the rebound, the latest jobs statistics from Canada bode well for immigrants as they can expect a stronger job market once they arrive in the country with a Canada PR visa.
If you are looking to Work, Study, Invest, Visit, or Migrate to Canada, talk to Y-Axis, the World’s No. 1 Immigration & Visa Company.
If you found this blog engaging, you may also like it…
Tags:
Share
Get it on your Mobile
Get News Alerts
Contact Y-Axis