Nearly 1 million people in Canada got jobs in June

After the federal government has eased lockdown restrictions, Canada is set on the path of economic recovery. The unemployment rate in the country is going down as it is reported that a total of 953,000 people have found jobs in June. Several Canadian citizens and permanent residents have resumed their work with former employers. And many others got new jobs. As per the data by Statistics Canada, around 3 million people lost their jobs between February and April. Also, a total of 2.5 million people could not go to their work due to the lockdown. The economic recovery in Canada started in May when 290,000 workers returned to their work. However, the recovery was slow. It is only in June that the unemployment rate has gone down and nearly 1 million people took jobs. Also Read: How to Get a Job in Canada? The Ultimate Guide In these last two months, the labor market has recovered by 40% and more than 1.24 million people got work opportunities. Also, the general unemployment rate in Canada has decreased to 12.3% in June from 13.7% in May. The labor force participation has also increased up to 63.8% in June. In February, before the coronavirus restrictions, the labor force participation was 65.5%. The highest employment rate was in Ontario, followed by Quebec, and British Columbia. So, the numbers suggest that people who have lost their jobs should be optimistic now as they can find a job soon. The CESB (Canada Emergency Student Benefit) allows people to find a job. The CESB was initiated by the government to help students who are financially struggling due to the coronavirus pandemic. Permanent residents in Canada will regain confidence in their future prospects after the reopening of Canada’s economy. IRCC has also resumed its operations of conducting regular all program draws. The latest report about the job statistics shows that immigrants can expect a good job market once they get Canada PR. So, if you wish to settle in Canada, you can start your immigration process as the country is accepting all immigration applications.