The Canadian economy shed 213 thousand jobs in January of 2021, well above market forecasts of a 47.5 thousand decline and following 53 thousand drop in the previous month. Losses were entirely in part-time work and were concentrated in Central Canada, with losses in Ontario and Quebec totalling 251,000. Employment also fell in Newfoundland and Labrador. Employment declined in January in three services-producing industries most affected by new and continuing public health restrictions: accommodation and food services (-8.2%), retail trade (-7.4%), and information, culture and recreation (-2.4%). Employment losses were more than twice as large among youth aged 15 to 19 (-74,000; -9.3%) than among those aged 20 to 24 (-34,000; -2.2%). source: Statistics Canada
Employment Change in Canada averaged 16.10 Thousand from 1976 until 2021, reaching an all time high of 952.90 Thousand in June of 2020 and a record low of -1993.80 Thousand in April of 2020. This page provides the latest reported value for - Canada Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Employment Change in Canada is expected to be 60.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Canada to stand at 70.00 in 12 months time. In the long-term, the Canada Employment Change is projected to trend around 23.00 Thousand in 2022, according to our econometric models.