Canada adds 952900 jobs in June on COVID-19 reopenings

Canada adds 952900 jobs in June on COVID-19 reopenings

Canada adds 952900 jobs in June on COVID-19 reopenings

Saskatchewan added 30,000 jobs to its economy in June as the province continues to reopen during the coronavirus pandemic.

The unemployment rate in Prince George as well as B.C. and Canada all saw slight improvements last month.

Brendon Bernard, an economist at Indeed Canada, said recapturing jobs at the same pace in the coming months will be tougher.

In numbers released today (July 10) by Stats Canada, Prince George recorded an unemployment rate of 11.8 per cent in May while June dropped by over one point to 10.7 per cent.

"The COVID-19 pandemic has challenged and changed our province", she said. In June, the city's unemployment rate was the third-highest behind Edmonton at 15.7 per cent, and Calgary was at 15.6 per cent.

As in May, even though more people found jobs, more people were also looking for work. Canadian Finance Minister Bill Morneau said on Wednesday that the 353.2 billion Canadian dollar (about $260 billion) budget shortfall is necessary to support the domestic economy and protect future jobs.

However, it wasn't until March that the economy showed the real impacts of closures and restrictions. "It takes time for companies to discover if they can make it work". "So while doors may be open and customers might be coming in, business hasn't come back to normal".

"I have a friend who owns three or four restaurants".

The national unemployment rate was 12.3 per cent as 953,000 jobs were added in June across the country.

"We're at over 13 percent unemployment in B.C., and with the majority of jobs being part-time, the long-term jobs outlook for B.C.is a major concern for people", said Sturdy. This comes after May marked a record rate of 13.7 per cent.

Gains were made in all provinces, including Ontario, where 378,000 jobs were filled, pushing the jobless rate down by 1.4 percentage points to 12.2 per cent. "The significant number of youth who entered the labour force in June is a sign of growing confidence that people can return to work safely".

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