Canadian Unemployment Rate Increases to 7.8%


According to Statistics Canada, amid lockdowns to combat the Covid-19 coronavirus pandemic, about 1,011,000 jobs were lost across the country in March, driving the unemployment rate of 5.6% in February to 7.8%. Federal reports indicate that between March 15th and 21st, an estimated 1,300,000 citizens were unable to work due to the pandemic, an additional 800,000 worked about half the hours they normally would, and about 3,100,000 people were affected by altogether by either job loss or reduced hours.

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March 2020 has seen the largest loss of jobs in a single month since records began in 1976. As of now, Canada is at its lowest employment rate since April 1997. The hardest his provinces are Ontario, Alberta, British Columbia, and Quebec.  

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As of now, Canada's federal government has reported 19,759 confined cases and 461 Covid-19 related deaths.      

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Note: The numbers and statistics of Covid-19 cases and deaths was retrieved from the Government of Canada (https://www.canada.ca/en/public-health/services/diseases/coronavirus-disease-covid-19.html). Meanwhile, the unemployment rates were retrieved from Statistics Canada (https://www.statcan.gc.ca/eng/start). The photo of the center block of the Parliament of Canada was taken by myself while other images used in this post are from the public domain.

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AverageVancouverite
AverageVancouverite

Hey there! I'm just an average Vancouverite who has been mining for several years now, and have used everything from GPUs to ASICs and from CPUs to USB miners! I also write about global news with the World International News Group and do some photography!


World International News Group
World International News Group

The World International News Group is an independent Vancouver-based news agency that believes news should be accurate, honest, and unbiased.

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