Canada’s jobless rate down to 12.3 percent in June

HOA
By HOA
1 Min Read

Jobless rate would have been 16.3 percent in June had it included in the unemployment counts those who wanted to work, but did not look for a job.

OTTAWA, July 10 (Xinhua) — The economy added 953,000 jobs in Canada, and the jobless rate fell to 12.3 percent in June, as businesses reopened after the COVID-19 shutdown, according to Statistics Canada Friday.

The country’s unemployment rate hit a record 13.7 percent in May despite 290,000 new jobs added in the month.

There were still 1.8 million fewer jobs in the country in June than in February, or before the COVID-19 outbreak.

A customer wearing a face mask shops at a store in CF Toronto Eaton Center in Toronto, Canada, on July 7, 2020. (Photo by Zou Zheng/Xinhua)

Statistics Canada said the jobless rate would have been 16.3 percent in June had it included in the unemployment counts those who wanted to work, but did not look for a job.

On Wednesday, the Canadian government forecast the unemployment rate will be 9.8 percent for 2020. ■

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