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Statistics Canada says economy added 230,700 jobs in June

OTTAWA — Statistics Canada says the economy added 230,700 jobs in June as restrictions put in place to slow the pandemic were rolled back across the country.

The gain came as the number of part-time positions rose 263,900, while the number of full-time jobs fell 33,200.

The unemployment rate fell to 7.8 per cent for the month compared with 8.2 per cent in May.

The report showed:  

• Employment rose by more than 230,000 (+1.2 per cent) in June, following a cumulative decline of 275,000 over the previous two months. 
• Employment growth was entirely in part-time work and concentrated among youth aged 15 to 24. 
• After falling by 143,000 over the previous two months, full-time work was little changed. 
• The number of employed people working less than half their usual hours fell by 276,000 (-19.3 per cent). 
• The number of self-employed workers fell by 63,000 (-2.3 per cent); down 7.2 per cent compared with Feb. 2020. 

 “With restrictions easing across the country, we anticipate an influx of movement within Canadian businesses,” said Tanya Gullison, chief revenue officer of LHH in Toronto, in a release.

“We anticipate the planning and early executions of M&As within the third and fourth quarter as businesses look to recovery. This may lead to a sharp increase in career transitions amongst top executives, creating a rippling effect throughout the various levels of organization.”

With files from Talent Canada