Canadian unemployment rate declines for the first time since epidemic
China News Agency, Toronto, July 10 (Reporter Yu Ruidong) According to the June labor market data released by Statistics Canada on July 10, the unemployment rate in the country has dropped for the first time since the outbreak.
The survey report believes that the economic restart and the gradual removal of restrictions have created opportunities and challenges for employers and workers.
From February to April this year, due to the impact of the epidemic, 5.5 million jobs in Canada were affected by the economic stagnation, including the loss of 3 million jobs and a significant reduction in the working hours of 2.5 million jobs. However, in the week from June 14 to June 20, which was sampled in the latest survey, the number of jobs affected decreased to approximately 3.1 million, a 43% decrease from April.
On July 7, local time, in the Yorkdale shopping mall in Toronto, Canada, customers wearing masks used alcohol hand sanitizer. China News Service reporter Yu Ruidong
On the basis of the restoration of 290,000 jobs in May, the number of jobs in June increased by 953,000, of which 488,000 were full-time jobs. Although the number of jobs has been increasing for two consecutive months, the number of jobs in June is still 1.8 million fewer than in February.
The report believes that although the employment losses caused by the epidemic are unprecedented in both speed and depth, the rate of recovery is also faster.
After the unemployment rate reached a record high of 13.7% in May, it fell to 12.3% in June. But this unemployment rate is still significantly higher than 5.6% in February.
In June, about 2.5 million Canadians were still unemployed. This number is 167,000 fewer than in May, but it is still more than double the number of unemployed (1.1 million) in February.
The unemployment rate for women in June was 12.7%, slightly higher than the 12.1% for men. Judging from the recovery rate of the number of employed people of all ages, men recover faster than women.
In terms of industries, the employment rebound is more obvious in the construction industry, manufacturing industry, natural resource industry, as well as accommodation and catering industry, retail industry, education service industry and so on.
According to the latest data released by the Canadian Mortgage and Housing Corporation under the Canadian federal government, the number of housing starts in June was about 211.7 thousand units, an increase of 8.3% from May. The increase is higher than economic analysts expected. (Finish)