Statistics Canada says the economy added nearly one million jobs in June as businesses forced closed by the pandemic began to reopen.
the economy added nearly one million jobs in June as businesses forced closed by the pandemic began to reopen.
The average economist estimate for June had been for an addition of 700,000 jobs and the unemployment rate to fall to 12.0 per cent, according to financial data firm Refinitiv. About 2.5 million didn't have jobs in June, either due to temporary or permanent layoffs, while the remainder are working less than half their usual hours.
The unemployment rate for women was 12.7 per cent in June compared to 12.1 per cent for men. Similarly, the participation rate for core-aged men was less than one percentage point below the February level, while for women it was 1.4 percentage points short.
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