Nationwide Visas
Latest News
MPNP invites 199 immigrants in the latest provincial draw - 01st August 2020  |  Canada travel restrictions add one more month - 01st August 2020  |  Canada To Resume Passport Services - 01st August 2020  |  SINP draw invites 502 immigrants in the latest provincial draw - 29th July 2020  | Latest OINP Tech Draw invited Express entry Candidates for a Provincial Nomination - 29th July 2020  | BC PNP Invites 46 immigrants in the latest Tech Pilot and Entrepreneur draw - 29th July 2020  | Biometrics not required for Canada temporary residence applicants - 17th July 2020  | PEI PNP Held Two Provincial Draws In The Month Of July - 17th July 2020  | Latest MPNP draw invites 174 immigrants to apply for a provincial nomination - 16th July 2020  | Canada updates the definition of “parent” for the 21st century - 16th July 2020  | Quebec Issues Invitations In Its First Arrima Draw Since January - 15th July 2020  | Latest BC PNP Tech draw invites 320 immigration candidates for a provincial nomination - 15th July 2020  | Canada’s wage subsidy policy announced good news for immigrants - 14th July 2020  | Atlantic Canada loses fewest jobs due to Coronavirus - 13th July 2020  | How does Canada apply the mandatory quarantine plan for Inbound Travelers? - 12th July 2020  | Canadian economy creates nearly one million jobs in June - 11th July 2020  | Immigration Levels to Canada nearly tripled in Canada - 10th July 2020  | OINP stars accepting applications for Regional Immigration Pilot - 10th July 2020  | Canada held their first all-program express entry draw since the start of the pandemic - 8th July 2020  | Alberta PNP invites Express entry candidates in latest provincial draw with CRS score as low as 303 - 8th July 2020  | Latest BCPNP Tech Pilot draw invites 57 immigrants for a provincial nomination - 7th July 2020  | Mendicino: Immigration, the key to Canada’s success in the 21st century - 7th July 2020  | Canadian Border Services Collecting Basic Information of Air Travelers - 3rd July 2020  | 125 Immigrants invited in the latest MPNP provincial draw for Canada PR Visa - 2nd July 2020  | OINP to re-open its PNP Immigration Stream - 2nd July 2020  | BC PNP Holds the Largest Draw since the COVID-19 Pandemic - 30th June 2020  | Canada Immigration Still To Continue After Travel Restrictions Extended Until July 31 - 30th June 2020  | Canada Visitor visa and eTA processing to resume from July 1 - 30th June 2020  | PEI PNP Held Three Provincial Draws in the Month of June - 25th June 2020  | Express Entry Invites CEC Candidates With CRS Score As Low As 431 For Canada PR Visa - 25th June 2020  | Latest Express Entry draw invites 392 PNP candidates for Canada PR Visa - 24th June 2020  | “Come to Canada” – Marco Mendicino after U.S Immigration Ban - 24th June 2020  | 87 Immigration candidates invited in latest BC PNP Tech draw - 23th June 2020  | Where do Canada’s International Students come from? - 20th June 2020  | Immigrants cause 80% of population growth in Canada in 2020 - 20th June 2020  | MPNP Invites 181 Provincial Candidates in the Latest Provincial Draw - 19th June 2020  | OINP Invited Express Entry Candidates with CRS score 400 for a Provincial Nomination - 18th June 2020  | Ontario Invites French-Speaking Express Entry Candidates in the Second Draw in 2 days for Express Entry Candidates - 18th June 2020  | BC PNP Invites 276 Immigration Candidates in a Latest Provincial Draw - 16th June 2020  | Canadian Immigration Process to Modernize After the Travel Restrictions - 16th June 2020  | Canada Immigration Update on IELTS and CELPIP - 16th June 2020  | Canadian Businesses Owned By Immigrants More Likely To Innovate Products And Processes - 15th June 2020  | Indians Continue To Lead Way For The Number Of Immigrants Moved To Canada In 2020 - 14th June 2020  | Alberta Sets The CRS Cut-Off At 300 Points For The Latest Provincial Draw - 12th June 2020  | IRCC Gives Updates On Who Can Travel To Canada - 12th June 2020  | 24 Occupations Are Given Priority By Quebec For Work Permit - 12th June 2020  | Lowest CRS Score for CEC Candidates since 2017 in the Latest Express Entry Draw - 11th June 2020  | Latest Express Entry Draw Invites PNP Candidates For Canada PR Visa - 10th June 2020
Nationwide Immigration » Latest-news » Atlantic Canada loses fewest jobs due to Coronavirus

9th express entry draw 2018

Atlantic Canada loses fewest jobs due to Coronavirus

Atlantic Canada loses fewest jobs due to Coronavirus

Closing non-essential services to slow the spread of COVID-19 was devastating for the Canadian labor market, but the country’s employment rate rebounded in June.

Recent figures provided in the June issue of BMO’s Labor Market Map suggest that Canada has now recovered 41% of the jobs lost due to the coronavirus pandemic. The current unemployment rate in Canada was 12.3% in June, up 6.7% from last year.

New Brunswick (NB) performed best, with unemployment increasing only 2% from last year to 9.9%. It is the only province with a current unemployment rate of less than 10 percent.

The city of Moncton, for example, one of the three largest urban centers in New Brunswick, lost only 2.7% of the jobs it held a year earlier and has an unemployment rate of 9, 1%, well below the national average of 12.3%.

Although Nova Scotia (NS), Prince Edward Island (PEI), and Newfoundland and Labrador (NL) generally experience higher unemployment rates, year-over-year increases are lower than the Canadian average.

Two other cities in the Atlantic provinces, St. John’s (NL) and Halifax (NS), were among the top ten cities in terms of labor market performance. To date, the Atlantic provinces have been the least affected by the pandemic.

While Quebec experienced the largest drop in employment due to COVID-19, at 18.7%, it also experienced the fastest recovery of any province in June, with a drop of only 7, 8% compared to pre-Covidien levels.

Ontario‘s current unemployment rate, its decline in employment from COVID-19, and its recovery from employment are comparable to those in Canada. In June, Ontario had an unemployment rate of 12.2%.

Manitoba and Saskatchewan also recorded lower unemployment declines than the other provinces, as well as the second and third lowest provincial declines in percentage points from pre-crisis levels (7.2% and 7 respectively, 3%). These two Prairie provinces, along with New Brunswick, Quebec, and Ontario, are among the five Canadian provinces with unemployment rates below the national average.

Alberta‘s dependence on oil compounded economic hardship due to COVID-19 and the province was still 10.3 percent below pre-lust employment levels.

British Columbia had an unemployment rate of 13% in June, up 8.4 percentage points from its pre-crisis levels.

The labor markets of major Canadian cities, such as Montreal, Vancouver, Toronto, and Calgary, were the hardest hit by the coronavirus pandemic.

953,000 Jobs added in June

The Canadian economy began to recover from the 3 million jobs lost between February and April when restrictions on coronaviruses began to be lifted across the country.

The country’s economic recovery started fairly moderately in May, with 290,000 people returning to work. However, the trend continued at an accelerated pace, and the number of people returning to work increased sharply to 953,000 in June.

In the past two months, the job market has recovered by 40% and more than 1.24 million people have found jobs.

Extension of the Canadian wage subsidy to help businesses retain and rehire employees

Prime Minister Justin Trudeau announced today that the federal government will extend the Canadian Emergency Wage Subsidy (CEWS) program until December of this year.

The CEWS program was created to help companies keep their employees on the payroll and to encourage employers affected by the economic downturn caused by the coronavirus pandemic to rehire laid-off workers. The program covers 75 percent of wages, up to a maximum of $ 847 per week, for workers ineligible businesses and non-profit organizations.

The federal government hopes this program will give workers the confidence that they will get the support they need during this crisis, and that it will also help reduce the unemployment rate in the country.

How can we help ?
Call +91-92 92 92 92 81
or Submit Below
24 Hour Response time

Important Links

Show Less    Show More

Our Client Testimonials
Nationwide Immigration Consultants