Canada’s economy loses 207,000 jobs in April: StatCan

Unemployment jumped by .6 percent, from 7.5 in March to 8.1 in April.

According to StatCan,:

"Employment fell by 207,000 (-1.1%) in April and the unemployment rate rose 0.6 percentage points to 8.1%.

"Employment declined in both full-time (-129,000; -0.8%) and part-time (-78,000; -2.3%) work. The number of employed people working less than half their usual hours increased by 288,000 (+27.2%)."

The number of Canadians working from home grew by 100,000 to 5.1 million.

"Total hours worked fell 2.7 percent in April, driven by declines in educational services, accommodation and food services, as well as retail trade.

"The labour underutilization rate, which captures the full range of people who are available and want to work, rose 2.3 percentage points to 17.0% in April.

"The number of Canadians unemployed for 27 weeks or more increased to 486,000."

StatCan data shows that Employment among youth aged 15 to 24 also dropped, falling by 101,000 (4.2 percent,) mostly in British Columbia and Ontario.