The Canadian economy shed 207 thousand jobs in April of 2021, more than market expectations of a 175 thousand contraction and retreated from a two-month cumulative gain of 562 thousand jobs. The drop was almost as large as in January of 2021, as pandemic restrictions were tightened across several provinces, including a lockdown in Ontario. Both full-time (-129,000; -0.8%) and part-time (-78,000; -2.3%) employment fell. The most impacted industries were retail trade (-84,000; -3.8%); accommodation and food services (-59,000; -6.4%); and information, culture and recreation (-26,000; -3.6%). Labor market dynamics differed between provinces, with more jobs being lost in Ontario (-153,000; -2.1%) and British Columbia (-43,000; -1.6%), while Quebec was unchanged and Saskatchewan saw jobs rise (+9,500; +1.7%). Virtually all jobs erased in April were among private sector employees (-204,000; -1.7%), while self-employment continued to rise (+9,700; +0.4%). source: Statistics Canada
Employment Change in Canada averaged 16.70 Thousand from 1976 until 2021, reaching an all time high of 952.90 Thousand in June of 2020 and a record low of -1993.80 Thousand in April of 2020. This page provides the latest reported value for - Canada Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Employment Change in Canada is expected to be 50.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Canada to stand at 70.00 in 12 months time. In the long-term, the Canada Employment Change is projected to trend around 23.00 Thousand in 2022, according to our econometric models.