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Employment rate in Canada witness record rise in June 2020

employment rate in Canada

In June 2020, the employment rate in Canada witnessed a record hike with 953,000 people finding jobs in the month. It indicates that the Canadian economy as well as the job market is witnessing a fast recovery from the impact of the coronavirus pandemic. The country is lifting the restrictions which had been imposed in the wake of the pandemic and more Canadians and permanent residents are returning to work, either with the previous employers or with new ones.

The provinces of Ontario, Quebec as well as British Columbia recorded remarkable rise in employment. While the employment in Ontario rose by 378,000 or 5.9%, in Quebec, the rise in employment was by 248,000 or 6.5% and in British Columbia, the rise was by 118,000 or 5.4%.
The Canadian labour market also recorded an incredible recovery rate at 40 percent during the last two months, with 1.24 million people gaining employment. The overall unemployment rate of the country also dropped from 13.7 percent in May to 12.3 percent in June. Further, the labour force participation rate increased substantially over the last two months, up to 63.8 per cent in June. It means the rate almost returned to the pre-coronavirus situation, which was 65.5 per cent in February.
According to the data from Statistics Canada, a total of 3 million people had lost their jobs in Canada between February and April 2020 owing to COVID-19. Yet another 2.5 million were absent from work because of reasons related to coronavirus. Though month of May had a slow start with only 290,000 people returning to work, in the month of June, employment increased to a record high.
The job statistics of Canada is giving a lot of hope and confidence for new Canada immigrants as their prospects of finding a job remains rosy. A stronger job market means more employment opportunities as well as better chances of turning the process of settling in the new country smoother.
Similarly, the entire immigration system of Canada is returning to normalcy with Canada resuming all-program Express Entry draws. Ever since Canada imposed travel restrictions in the wake of the spread of Coronavirus pandemic, the Express Entry draws were restricted to Canadian Experience Class candidates as well as Provincial Nominee Program candidates.  Canada resumed all-program Express Entry draws last week, which means the Federal Skilled Worker Program (FSWP) and the Federal Skilled Trades Class (FSTC) were also considered in the draw.
Canada has in store numerous opportunities for immigrants as the number of job opportunities remain high despite the coronavirus impact. Check your prospects of migrating to Canada by filling our free online assessment form.

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