AA / Montréal / Hatem Kattou
The unemployment rate in Canada hit a historic low in June, settling at 5.1%, thanks to the creation of 40,000 new jobs the previous month, the Federal Agency announced on Friday. “Statistics Canada”.
The rate of 5.1% is historically the lowest since 1976, “the year when comparable data became available”, specifies the Federal Agency.
“Statistics Canada” indicated in a press release that employment increased last May, thanks to the creation of 81 thousand jobs in the service sector, which made it possible to compensate for the loss of 41 thousand jobs, especially in the goods sector.
“The rise in employment was mainly attributable to the increase in full-time work among young women and women of core working age,” the same source indicates.
In addition, long-term unemployment, represented by people looking for work or on temporary layoff for 27 weeks or more, amounted to 19.7% of total unemployment in May, compared to 15.6 % in February 2020, the date which corresponds to the pre-pandemic period.
It should be noted, however, that despite this historically low unemployment rate, Canada has been facing, for several months, an inflationary surge, unprecedented for more than three decades.
Similarly, this inflationary spiral is combined with a shortage of labor in all the provinces of the country.
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