Canada regains 55% of jobs lost to coronavirus
August 13, 2020
By CIC News |
Canada is seeing some economic recovery as coronavirus restrictions ease throughout the country.
About 55 per cent of the 3 million jobs lost since April were recouped as of July, according to the Labour Force Survey.
About 419,000 jobs were added in July, a 2.4 per cent increase over the previous month. The growth was slower compared to June’s growth rate at 5.8 per cent. Statistics Canada’s recent survey on employment, payroll, and hours found that the economic downturn from coronavirus is seeing a sharp turnaround after a steep downfall.
Most of the jobs gained were in part-time work. There were 345,000 part-time positions filled in July, compared to 73,000 full-time jobs.
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.