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Posts Tagged ‘labour market survey’

COVID-19 Job Losses Concentrated Among the Lowest Earners

Employment fell by a further 1,993,800 (11%) in April, bringing total job losses to more than 3 million over the past two months. The official unemployment rate now stands at 13.0%, up from 7.8% in March. The job losses in March and April both far exceed the previous largest drop in employment recorded in the…Read More

Early Signs of the COVID-19 Impact on Canada’s Job Market

Employment fell by 1,010,700 in March in Canada – the largest drop on record –and the unemployment rate jumped to 7.8% from 5.6% in February. So say the first official statistics covering the onset of the COVID-19 crisis (see Figure 1), released today as part of the Labour Force Survey (LFS). Although these early indicators…Read More