(The Canadian Press)

Economy adds 953,000 jobs in June, unemployment rate falls

Even though more people found jobs, more people were also looking for work, Stats Canada data shows

Statistics Canada says the economy added nearly one million jobs in June as businesses forced closed by the pandemic began to reopen.

The agency says 953,000 jobs were added last month, including 488,000 full-time and 465,000 part-time positions.

The unemployment rate fell to 12.3 per cent in June after hitting a record-high of 13.7 per cent in May.

As in May, even though more people found jobs, more people were also looking for work.

The average economist estimate for June had been for an addition of 700,000 jobs and the unemployment rate to fall to 12.0 per cent, according to financial data firm Refinitiv.

Statistics Canada says the unemployment rate would have been 16.3 per cent had it included in unemployment counts those who wanted to work, but did not look for a job.

The jobs report this morning says there are still some 3.1 million people affected by the shutdowns of March and April when public health restrictions forced businesses to close and workers to stay at home to slow the spread of COVID-19.

About 2.5 million didn’t have jobs in June, either due to temporary or permanent layoffs, while the remainder are working less than half their usual hours.

As restrictions eased, the number of people participating in the labour force grew by about 786,000 after May’s 491,000 gain, bringing those considered in the labour force to within 443,000 of its pre-pandemic level.

The gains, though, have not been shared equally between men and women, with the former gaining back jobs at a faster pace than the latter.

The unemployment rate for women was 12.7 per cent in June compared to 12.1 per cent for men. Similarly, the participation rate for core-aged men was less than one percentage point below the February level, while for women it was 1.4 percentage points short.

The underutilization rate — which counts those who are unemployed, those who want a job but didn’t look for one, and those working less than half their usual hours — was 28.3 for women and 25.5 per cent for men.

The Bank of Canada and federal government say the worst of the economic pain from the pandemic is behind the country, but Canada will face high unemployment and low growth until 2021.

The economic outlook released by the Liberal government Wednesday forecast the unemployment rate to be 9.8 per cent for the calendar year, dropping to 7.8 per cent next year based on forecasts by 13 private sector economists.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

Employment

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

The donation by LNG Canada will support in-class and online learning for SD82 students, as well as JABC TechWorks, a program that introduces students to tech and tech-related careers. (Black Press file photo)
LNG Canada commits $50,000 to support B.C. students

Half of the money will support online and in-class learning for Coast Mountains School District 82

<em>Black Press file photo</em>
Kitimat RCMP investigating two-vehicle collision on Haisla Hill

Police said a pickup truck collided with a taxi headed in the opposite direction

Northern Health saw 14 cases in one day earlier this week, the highest in one day since the beginning of the pandemic. (Image courtesy CDC)
Northern Health sees highest number of COVID-19 cases in one day

Oct. 27 saw the highest number of cases in the Health Authority since the beginning of the pandemic

<em>Black Press file photo</em>
Water Quality Advisory in effect for Kitimat

The advisory is due to increased turbidity levels in the Kitimat River

Physical distancing signs are a common sight in B.C. stores and businesses. THE CANADIAN PRESS
272 more COVID-19 cases for B.C., outbreak at oil sands project

Three new health care outbreaks, three declared over

This house at 414 Royal Ave. became notorious for its residents’ and visitors’ penchant for attracting police. It was also the site of a gruesome torture in August 2018. It was demolished in 2019. KTW
6-year sentence for Kamloops man who helped carve ‘rat’ into flesh of fellow gang member

Ricky Dennis was one of three men involved in the August 2018 attack

Cpl. Nathan Berze, media officer for the Mission RCMP, giving an update on the investigation at 11:30 a.m., Oct. 30. Patrick Penner photo.
VIDEO: Prisoner convicted of first-degree murder still at large from Mission Institution

When 10 p.m. count was conducted, staff discovered Roderick Muchikekwanape had disappeared

Among the pumpkin carvings created this year by Rick Chong of Abbotsford is this tribute to fallen officer Cont. Allan Young.
Abbotsford pumpkin carver’s creations include fallen police officer

Rick Chong carves and displays 30 pumpkins every year

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

An online fundraising campaign in support of the six-year-old boy, Edgar Colby, who was hit by a car on Range Road Oct. 25 has raised more than $62,000 in a day. (Submitted)
$62K raised in 1 day for boy in coma at BC Children’s after being hit by vehicle in Yukon

The boy’s aunt says the family is “very grateful” for the support they’ve received from the community

Health care employees take extensive precautions when working with people infected or suspected of having COVID-19. THE CANADIAN PRESS/Chris Young
WorkSafeBC disallows majority of COVID-19 job injury claims

Health care, social services employees filing the most claims

Conservative leader Erin O’Toole rises during Question Period in the House of Commons in Ottawa on Wednesday October 28, 2020. (Adrian Wyld/The Canadian Press)
Conversion therapy ban gets approval in principle, exposes Conservative divisions

Erin O’Toole himself voted in favour of the bill, as did most Conservative MPs

CBSA. (Black Press Media File)
4 sentenced in B.C. steroid smuggling, distribution ring that spilled into U.S.

Canadian Border Services Agency announced the results of a lengthy investigation it called ‘Project Trajectory’

Most Read