Canadian economy sees greatest monthly job losses on record. Here’s a snapshot

The year 2020 is certainly going to be looked back on for it’s staggering ups and downs for the Canadian economy – particularly the job market. We kicked off the year with near record low unemployment levels. In February, the country added 30,000 new jobs.

Then came March. We lost over one million jobs in a single month – marking the greatest monthly drop in employment ever recorded.

Where are we in April? Statistics Canada has just released the Labour Force Survey for last month, and the numbers are not good. The unemployment rate has shot up to 13 per cent, as roughly another two million jobs disappeared.

In just two months, there were three million fewer people working in Canada. (And the real picture could be worse than that – the federal government says that over seven million Canadians have applied for the CERB, the emergency benefit for workers who have lost income.)

Although these numbers look grim, many of the newly unemployed are only on temporary layoff, waiting for the retail, hospitality, manufacturing, and other sectors to start up again.

Many sectors are still hiring despite the lockdown.

We have hundreds of opportunities for Canada’s most in-demand job.

While before the COVID-19, Quebec had amongst the lowest unemployment rates in the country, in April that province recorded the highest. Here’s a look at the job numbers across Canada.

Unemployment rate by province
(and open jobs on CareerBeacon)

Newfoundland and Labrador 16 per cent [View jobs in NL]

Prince Edward Island 10.8 per cent [Jobs in PEI]

Nova Scotia 12 per cent [Jobs in Nova Scotia]

New Brunswick 13.2 per cent [Available jobs in New Brunswick]

Quebec 17 per cent [See jobs in Quebec]

Ontario 11.3 per cent [Job opportunities in Ontario]

Manitoba 11.4 per cent [Jobs in Manitoba]

Saskatchewan 11.3 per cent [Jobs in Saskatchewan]

Alberta 13.4 per cent [Available jobs in Alberta]

British Columbia 11.5 per cent [See jobs in B.C.]

To explore the most recent results from the Labour Force Survey in more depth, visit the full report from Statistics Canada.

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