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    FRANK LEO & ASSOCIATES

    #1 RE/MAX TEAM IN TORONTO & THE GTA**
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    231,000 Jobs Added in June, Canada’s Jobless Rate Drops

    Last month. Canada’s economy saw an increase of 231,000 jobs, which offset all the job losses reported in the previous two months. Many of the jobs were part-time positions and came from a spike in hiring younger workers. This is due to the  COVID-19 restrictions starting to ease and businesses starting to hire again. 

    On Friday, Statistics Canada noted that 264,000 new jobs were positions for part-time work. Full-time work actually experienced a decline as 33,000 positions were lost. The numbers in June still signify a major decrease from February 2020. Since then there are still 336,000 fewer full-time jobs in Canada.

    The service sector was the main contributor to the surge in hiring people. The service industry which includes food service, accommodation and retail were hit the hardest during the pandemic. As vaccinations continue to rollout and restrictions ease these businesses can start making a comeback.

    For more information about the source click HERE