The Canadian economy added 953 thousand jobs in June of 2020, after creating 290 thousand positions in May and beating market expectations of 700 thousand. This was the biggest increase in employment since available records began in February of 1976, as Covid-19 restrictions continued to ease across the country which allowed more companies to return and rehire. Full-time work rose by 488 thousand and part-time positions increased by 464 thousand. There were more people working in the services sector (+794 thousand), mostly in wholesale & retail trade (+222 thousand), accommodation & food services (+164 thousand) and health care and social assistance (+121 thousand). Employment also went up in the goods-producing sector (+159 thousand), namely in construction (+83 thousand) and manufacturing (+81 thousand). In June, all provinces recorded an increase in employment, particularly in Ontario (+378 thousand), where the lifting of Covid-19 restrictions began in late May.
Employment Change in Canada averaged 14.62 Thousand from 1976 until 2020, 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 August of 2020. source: Statistics Canada
Employment Change in Canada is expected to be 250.00 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 50.00 in 12 months time. In the long-term, the Canada Employment Change is projected to trend around 30.00 Thousand in 2021 and 23.00 Thousand in 2022, according to our econometric models.