Despite an increase in infections, the Canadian economy created 295 000 jobs in February 2021 and another 303 000 jobs in March 2021. It was also reported that “economy added jobs even in some of the areas hit hardest by the pandemic, including retail, accommodation and food services. There were also gains in health care, construction and education.”
Source: https://www.cbc.ca/news/business/canada-jobless-march-1.5981104…
On April 9 the Globe and Mail published an article saying that: “Canada’s labour recovery got a big boost in March, though progress could prove short-lived as parts of the country enact tighter restrictions to contain a third wave of COVID-19. According to Statistics Canada employment rose by 303,100 last month and the unemployment rate fell to 7.5 per cent from February’s 8.2 per cent. The gain was triple what economists were expecting. The labour surge was driven by six-figure gains in both full-time and part-time work, while the number of self-employed jumped by 56,000 people, the first increase in three months. Around two-thirds of job creation came from the private sector.” Read article here: https://www.theglobeandmail.com/business/economy/article-canadian-economy-adds-more-than-300000-jobs-in-march-unemployment-rate/ (subscription needed)
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The Canadian Press published an article on 31 March 2021 that Canada’s economy grew 0.7% in January and that construction, manufacturing ad real estate contributed to the growth.
Read the full article here: Canada’s Economy…