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Canada Economic Recovery – More Immigrants Employed In September

More Immigrants Employed In September. Canada added 378,000 jobs in September, with the unemployment rate falling by nine (9) percent in further encouraging signs of recovery from the COVID-19 crisis.

The Canada jobs Labor Force Survey unemployment figure is now almost five (5) percentage points down on the peak of fourteen (14) percent in May, with the country in the grip of the coronavirus pandemic.

September’s gains put Canada with 720,000 jobs of the Feb. level before the pandemic resulted in a forced economic shutdown.

The figures estimate 1.3 million Canadians were impacted by the crisis during the reference week of Sept. 13 to 19, down from 5.5 million at the height of the crisis. This figure combines the drop in employments with absences from work.

Employment gains in September were immigrants employed are concentrated on full-time work, which rose by 334,000, or 2.1 percent. Part-time jobs increased by 44,000, or 1.3 percent.

Self-employment, meanwhile, was little changed in September and presently sits Six (6) percent down on the February figure. The number of self-employed people is presently within 3.3 percent of the pre-pandemic level.

What Are The Labor Force Survey Highlights?

Unemployment rates (%) 9.0
Employment rates (%) 59.1
Labour force participation rates (%) 65.0
Number unemployed 1,832,600
Number working 18,469,900
Youth (15-24) unemployment rates (%) 18.9
Men (over 25) unemployment rates (%) 7.8
Women (over 25) unemployment rates (%) 7.0

Source: Statistics Canada

Provincial Canada Jobs Picture

Canada’s largest provinces of Ontario and Quebec led the top gains in September, with employment increases in every province except Prince Edward Island and New Brunswick.

Ontario added a remarkable 168,000 jobs in Sept, a 2.4 percent gain. Important gains were seen in accommodation and food services, education, and manufacturing. Ontario unemployment fell 1.1 percentage points to ten (10) percent.

In Quebec, employment rose by 77,000, a 1.8 per cent increase, building on gains of 630,000 in the previous four months. Important sectors for the French-speaking province were accommodation, food, and educational services. Unemployment in Quebec province dropped 1.3 percentage points to 7.4 percent.

British Columbia province also made impressive gains, adding 55,000 jobs in September, an increase of 2.3 percent. For the westernmost province, unemployment dropped 2.3 percentage points to nine (9) percent.

Alberta, meanwhile, added about 38,000 jobs for a 1.8 percent gain and an unemployment rate of 11.7 percent, while the province of Manitoba added 15,000 jobs and its unemployment rate was Seven (7 ) percent.

Unemployment Rates In Canada’s Provinces

Jobs change in last month Unemployment rate (%)
British Columbia province 54,800 8.4
Alberta province 38,200 11.7
Saskatchewan 8,700 6.8
Manitoba province 15,100 7.0
Ontario province  167,600 9.5
Quebec province 76,700 7.4
New Brunswick 2,200 10.4
Nova Scotia 12,000 7.9
Prince Edward Island -800 10.1
Newfoundland & Labrador 3,700 14.8
CANADA 378,200 9.0

Source: Statistics Canada

When compared to pre-coronavirus levels, the performances of the different provinces are contrasting. In a number of provinces, employment is now attaining pre-coronavirus level, including Quebec (-2.6%) Manitoba (-1.8%),

Quebec (-2.6%) and New Brunswick (-3.0%). Meanwhile, British Columbia (-3.7%), Ontario (-4.2%, and Alberta (-5.4%) are further behind.