COVID-19 pan­demic pushes Canada’s job­less rate to high­est level in nearly 40 years

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Ot­tawa: More than 3 mil­lion jobs have been lost in Canada since the start of the coro­n­avirus (COVID-19)pan­demic, ac­cord­ing to the re­port re­leased by Sta­tis­tics Canada. Em­ploy­ment losses nearly dou­bled over a month, from March when over one mil­lion jobs across the coun­try were shed to last month, by which time nearly 2 mil­lion jobs were lost.

Canada’s un­em­ploy­ment rate also in­creased by 5.2 per­cent­age points to 13 per­cent, the sec­ond-high­est rate on record since De­cem­ber 1982.

In its monthly re­port, Sta­tis­tics Canada noted that the na­tional un­em­ploy­ment rate for April would have been nearly 18 per cent had it in­cluded 1.1 mil­lion peo­ple who could not work be­cause of COVID-re­lated busi­ness clo­sures, and stopped look­ing for other em­ploy­ment.To keep work­ers on the pay­roll, the Cana­dian gov­ern­ment has run a sub­sidy pro­gram in which em­ploy­ers could re­ceive sup­port for 75 per cent of an em­ployee’s wage of no more than US$610 (FJ$ 1,370) per week for up to 12 weeks. But that pro­gram was set to ex­pire on June 6.Source:

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