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Archive for May 10th, 2021

Canada Stubs Toe Along Jobs Recovery Path

Monday, May 10th, 2021

Article source: ConstructConnect

Coronavirus Continues Negative Influence

Canada suffered a disappointing setback in its quest for jobs recovery in April. According to Statistics Canada, total employment fell by -207,000 jobs in the month, as further incursions of the coronavirus forced stricter closure regimes in many parts of the county.

The seasonally adjusted (SA) unemployment rate rose to 8.1% from 7.5% in March; the not seasonally adjusted (NSA) rate rose to 7.1% from 6.9%. There’s some consolation to be found in knowing the SA and NSA unemployment rates a year ago were much higher at 13.1% and 12.1% respectively.

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