Canada recovers 55% of jobs lost due to coronavirus

Canada is experiencing an economic recovery as coronavirus restrictions ease across the country.

About 55 percent of the 3 million jobs lost since April were recovered in July, according to the Labor Force Survey.

About 419,000 jobs were created in July, an increase of 2.4% from the previous month. Growth was slower compared to June’s growth rate of 5.8%. A recent Statistics Canada survey of jobs, payrolls, and hours found that the economic downturn due to coronavirus is recovering sharply from a sharp drop.

Most of the jobs won were part-time. There were 345,000 part-time positions filled in July, compared to 73,000 full-time positions.

More women were hired than men in July, however, women are still not as close to pre-COVID employment levels as men. Women, racialized people, LGBTQ2S +, and immigrants have been disproportionately affected by the pandemic.

Employment levels of immigrants and visible minorities

Unemployment has fallen to 10.9%, but there are still 2.2 million unemployed in Canada. The unemployment rate for those aged 15 to 69 was 11.3%, a figure that has not been adjusted to reflect seasonal variations in employment.

Several visible minority groups had significantly higher unemployment rates, such as Canadians of South Asian (17.8%), Arab (17.3%), and Black (16.8%) origin. According to Statistics Canada, the higher unemployment rate for visible minorities may be due to their higher concentration in hard-hit industries like food service and retail.

Very recent immigrants have experienced an increase in employment. People who arrived in Canada in the past five years saw their employment increase by 2.1% for the third month in a row. Statistics Canada attributed this trend to the lower number of new immigrants coming to Canada in recent months. Canada welcomed 19,000 new permanent residents in June, down from 34,000 new immigrants admitted during the same period last year. Similar data on new permanent residents admitted in July will be available next month.

Recovery pace varies

Employment increased in all provinces except New Brunswick, which was an unchanged month over month but was 96.6% of its February level. Although employment grew faster for low-wage

workers, they were only 85.4 percent from February levels compared to other workers who were 97.4 percent in July.

Canada’s statistics for Labour Force Survey

Each month, Statistics Canada conducts an in-depth survey to assess data on the Canadian labor force.

The latest results from the Labor Force Survey reflected conditions between July 12 and July 18. Canadian businesses and workplaces continued to reopen. Although measures against coronaviruses have been reduced, social distancing requirements and restrictions on large gatherings remained in place. At the end of June, Canada extended travel restrictions for international travelers until July, as part of its efforts to stop the spread of the coronavirus.

This labor force survey was unique in that it included information on the labor market conditions of visible minorities.

“With the addition of a new question to the survey and the introduction of new statistical methods, the EPA is now able to more fully determine the impact of the economic shutdown of COVID-19 on various groups of Canadians, ”said Statistics Canada in the July survey.

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