Wednesday Aug 10, 2022
Wednesday Aug 10, 2022

Canada's jobless rate reaches 8.1 per cent


Nepalnews
2021 May 08, 15:34, OTTAWA
Canada’s main opposition party called on Thursday, February 18, 2021, for the House of Commons to formally declare that China is committing genocide.

The Canadian unemployment rate rose 0.6 percentage point to 8.1 per cent in April from March 2021 as public health measures against the COVID-19 pandemic were tightened, according to Statistics Canada on Friday.

Employment decreased by 207,000, down 1.1 per cent in April as full-time work lost 129,000 jobs, down 0.8 per cent and part-time work was reduced by 78,000 jobs, down 2.3 per cent.

The number of employed people working less than half their usual hours increased by 288,000, up 27.2 percent, while the number of Canadians working from home grew by 100,000 to 5.1 million.

Total hours worked fell 2.7 percent in April, driven by declines in educational services, accommodation, and food services, as well as retail trade.

The labor underutilization rate, which captures the full range of people who are available and want to work, rose 2.3 percentage points to 17 percent in April.

In April, the number of Canadians unemployed for 27 weeks or more increased to 486,000.

Employment fell in several industries directly impacted by tightened public health restrictions against the COVID-19 pandemic, namely retail trade, accommodation, and food services, information, culture, and recreation while employment in goods-producing industries was little changed.

The job losses in April nearly wiped out the 303,000 jobs added in March when the economy outpaced expectations.

Statistics Canada said the unemployment rate would have been 10.5 per cent in March, had it included in calculations Canadians who wanted to work but did not search for a job.

Lockdowns and tight restrictions have continued into May and could mean more losses show up when Statistics Canada reveals May's employment report.


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Canada Unemployment covid-19 Labor underutilization rate Job Losses pandemic lockdown restrictions Statistics Canada
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