Unemployment rate fell last month, jobs regained: Statistics Canada
Posted October 9, 2020 8:46 am.
Last Updated October 9, 2020 9:49 am.
OTTAWA – Statistics Canada says the country added 378,00 jobs in September as Canadians adapted to back-to-school routines and bringing employment to with 720,000 of pre-pandemic levels.
The unemployment rate fell to 9.0 per cent, continuing its slide down from the record-high of 13.7 per cent recorded in May.
The figures beat expectations for gains in the month.
Financial data firm Refinitiv said economist estimates were for a gain of 156,600 jobs and an unemployment rate of 9.7 per cent.
RELATED: National employment numbers for August from Statistics Canada, at a glance.
In March and April, around 3-million jobs were lost, with the numbers beginning to bounce back in June.
Most of the jobs are full-time, only 44,000 of them are part-time.
New #Labour Force Survey data: #Employment rose by 378,000 (+2.1%) in September, bringing it to within 720,000 (-3.7%) of its pre-#COVID19 February level. For more results: https://t.co/zA7o8UUIqI. #CdnEcon pic.twitter.com/QwWcPqYRJh
— Statistics Canada (@StatCan_eng) October 9, 2020
#Breaking
September sees 378,000 jobs regained by the labour market. (est. 150,000)
Unemployment rate falls to 9% from 10.2%
Source: Stats Canada— Mike Eppel (@eppman) October 9, 2020
More Sept. jobs data.
Full-time jobs up 334,000
Part-time jobs up 44,200
Participation rate 65%
Still 720,000 jobs below February's totals.— Mike Eppel (@eppman) October 9, 2020
