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CEO NA Magazine > News > Canada added 231,000 jobs in June; unemployment rate down to 7.8%

Canada added 231,000 jobs in June; unemployment rate down to 7.8%

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Canada added 231,000 jobs in June; unemployment rate down to 7.8%
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Canada’s economy added 231,000 jobs last month, overcoming the losses seen in the previous two months as coronavirus restrictions eased and businesses started hiring again.

Statistics Canada reported Friday that 264,000 new jobs were of the part-time variety, while full-time work actually declined by 33,000 positions. The figures mean there are still 336,000 fewer full-time jobs in Canada than there were in February 2020, before COVID-19.  

Almost all of the new jobs were added among young workers between the ages of 15 and 24. There was a surge of 164,000 jobs for that demographic—the biggest jump for young workers since July 2020.

The hiring spree was much less beneficial to people over 25. Overall employment for those in the core working years of 25 to 54 rose by just 45,000 jobs.

Tags: CanadaUnemployment

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