Canadian News Jan 8, 2021 3:11 PM EST

Canada loses 63,000 jobs in biggest drop since April

The unemployment rate has also increased to 8.6 percent, and the results as a whole show the first increase in unemployment and job losses since restrictions were loosened in May.

Canada loses 63,000 jobs in biggest drop since April
Elie Cantin-Nantel Ottawa, ON
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Statistics Canada's December 2020 Labour Force Survey says that the country has lost 63,000 jobs in December—this following the reimposition of lockdowns in Ontario, Quebec, and Manitoba.

The unemployment rate has also increased to 8.6 percent, and the results as a whole show the first increase in unemployment and job losses since restrictions were loosened in May.

While Canada saw 36,000 new well paying full-time jobs, it also lost 99,000 blue-collar and working-class part-time jobs, CTV News Reports.

Below are some additional statistics provided by Statistics Canada.

  • Unemployment rate: 8.6 per cent (8.5)
  • Employment rate: 59.3 per cent (59.5)
  • Participation rate: 64.9 per cent (65.1)
  • Number unemployed: 1,755,800 (1,735,200)
  • Number working: 18,553,000 (18,615,600)
  • Youth (15-24 years) unemployment rate: 17.7 per cent (17.4)
  • Men (25 plus) unemployment rate: 7.5 per cent (7.4)
  • Women (25 plus) unemployment rate: 6.9 per cent (6.8)

The numbers will likely continue to increase as provincial governments impose more restrictions and lockdowns.

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