According to the latest Labour Force Survey, Canada’s population almost reached pre-pandemic levels in August.
Canada saw a 90,000. Canada’s employment rose by 90,000.
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Statistics Canada data show the labour market conditions for the week of August 15-21. Most regions of Canada had already reduced public health measures to the final stages. Plus, the border had opened up to fully vaccinated tourists from the U.S. For the first time since March 2020, the tourism industry could expand to potential clientele from the States.
The main areas that saw employment increases were in the services-producing sectors, mainly accommodation and food service. Significant gains were also seen in the information, culture, and recreation sector. Construction workers saw an increase for the first time since March.
In Ontario, Alberta and Saskatchewan, employment was up. The employment situation in all other provinces was stable or unchanged.
The unemployment rate was at 7.1%, the lowest since the outbreak of the pandemic. However, the rate for visible minorities was unchanged for the second consecutive month.
Although long-term unemployment fell by almost 7 percent in August, it remained at 120 per cent higher than pre-pandemic levels.