Canada added 419,000 jobs in July – still down 1.3M from pre-COVID-19 level
Canada's economy added 419,000 jobs in July and the jobless rate dropped to 10.9 per cent. Statistics Canada reported Friday that July's job gain, when added to the 953,000 in June and the 290,000 from May, still leaves Canada's economy with 1.3 million fewer jobs than it had in February, before widespread lockdowns to limit the spread of COVID-19 began. The data agency said 345,000 of the new jobs added in July were part-time. Only 73,000 were new full-time positions. Economists polled by Bloomberg had been expecting a gain of about 421,000 jobs.
Ontario: Employment rose by 151,000 (+2.2%) in July, building on an increase of 378,000 in June and bringing employment to 91.7% of its pre-pandemic February level. The proportion of people who were employed but worked less than half of their usual hours for reasons likely related to COVID-19 was 10.9% in July, down from 14.1% in June. The unemployment rate in Ontario fell by 0.9 percentage points to 11.3% in July.
Quebec: Employment increased by 98,000 (+2.4%) in July, adding to gains in the previous two months and bringing employment to 94.4% of its pre-COVID level. The increase in employment in July was all in part-time work. The unemployment rate decreased 1.2 percentage to 9.5%, the third consecutive monthly decrease.
British Columbia: The number of employed British Columbians increased by 70,000 (+3.0%) in July, reaching 93.5% of the February employment level. The proportion of people who were employed but worked less than half of their usual hours was 12.0% in July, down from 14.6% in June. The unemployment rate fell by 1.9 percentage points to 11.1%.
Alberta: Employment increased by 67,000 (+3.2%) in July, including gains in both full-time and part-time work. The unemployment rate for the province fell by 2.7 percentage points in July to 12.8%, the first decline since the COVID-19 economic shutdown.
Saskatchewan: Employment rose by 13,000 (+2.5%) while the unemployment rate fell 2.8 percentage points to 8.8%.
Manitoba: Employment increased (+12,000) for the third consecutive month and the unemployment rate declined by 1.9 percentage points to 8.2%.
Newfoundland and Labrador: Employment increased by 4,300 (+2.1%) in July and the unemployment rate dropped 0.9 percentage points to 15.6%.
Nova Scotia: Employment rose by 3,400 (+0.8%) in July, reaching 92.7% of its February level. The unemployment rate in the province declined by 2.2 percentage points to 10.8%.
Prince Edward Island: Employment rose by 1,100 in July (+1.5%), adding to the gains in the previous two months. The unemployment rate declined by 3.5 percentage points to 11.7%.
New Brunswick: Employment was little changed in July after recording employment gains of 39,000 from April to June. Employment in the province—which was among the first to begin easing COVID-19 restrictions—was at 96.6% of its pre-COVID February level, the most complete employment recovery of all provinces to date.