Canada added 378,000 jobs in September, even more than in August - Action News
Home WebMail Friday, November 22, 2024, 03:48 PM | Calgary | -10.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Business

Canada added 378,000 jobs in September, even more than in August

Canada's economy added 378,000 new jobs in September, Statistics Canada says, pushing the jobless rate down to 9 per cent.

September number comes on the heels of 246,000 jobs added in August

After losing more than three million jobs in the early days of the pandemic, Canada's job market has recovered to within 720,000 positions of its pre-COVID highs. (Anis Heydari/CBC)

Canada's economy added 378,000 new jobs in September, Statistics Canada says, almost all of which were full-time positions.

September's job gains mean that the job market is now within720,000 positions of where it was in February, before the advent of COVID-19 in Canada.

March and April saw a cumulative record of three million jobs lost in Canada,before the numbers started tobounceback in May. The economy hasadded jobs every month since, but the job market is still almost three quarters of a million positions short of where it was before this all started.

Still, the September surge means the economy has officially recovered more than three-quarters of the jobs itlost. For comparison purposes, the U.S. has only gained back a little more than half of the jobs it lost.

Most of the new jobs were full-time work. Only about 44,000 of them were part-time. The gains were also more than twice as many as economists had been expecting.

Every province added jobs except Prince Edward Island, which lost 800 but most came in the four most populous ones:

  • Ontario added 167,000.
  • Quebec added 76,000.
  • British Columbia added 54,000.
  • Alberta added 38,000.

September's hiring was enough to push the jobless rate down to 9 per cent. For context, in February, Canada's unemployment rate was 5.6 per cent,before COVID-19 walloped the economy, and pushed it up to a high of 13.7 per cent in May, the highest rate on record. It has fallen steadily in each of the four months since then.

The last time Canada's economy was hit by anything remotely similar to the impact of COVID-19 was the recession of 2008 and 2009. That time, the jobless rate was 6.2 per cent when it headed into the slowdown in October, before peaking at 8.7 per cent eight months later in June 2009.

It took nine years from that point on forthe rate to get back to where it was before.

Canada's unemployment rate more than doubled during COVID-19 but has slowly inched back down to 9%. (Scott Galley/CBC)

Back to school, back to work

The influx of students and teachers going back to school in September seems to have given the job market a boost.

The job market was buoyed not only by the 68,000 educational workerswho got jobs during the month, but also because they allowed parents to do the same in their previous jobs.

The number of mothers who got paid work during the month rose by 0.9 per cent, while for fathers the figure was up by1.5 per cent. Employment for parentsnow back above where it was in February.

"The big question is, how long can that last?" said TD Bank economistSri Thanabalasingam.

"School reopenings have proved to be very tricky with the pandemic now entering the second wave, and the pressure is increasing for provinces to undertake tighter restrictions to control the spread of the virus,"Thanabalasingamsaid.

Indeed,working mothers are still having a harder time getting back to their usual level of paid work. The number of mothers working less than half their usual hours was 70 per centhigher last month than what it was in February, Thanabalasingamsaid. For dads, thatfigure is just 23 per cent higher.

Still not normal

While the job market has recovered more than three-quarters of the jobs it lost to the pandemic, it's still anything but normal.

About one-quarter of Canadians are still working from home. That's 4.2 million peopleand more than twice the number who normally do.

And while the economy is adding jobs, there are still 1.8million people in Canada officially categorized as unemployed, which means they want a job but can't find one. And there are still 1.3 million workers affected by the COVID-19economic shutdown, which means they are employed but working less than they'd like toor normally do.

While she was encouraged to see the employment numbers rebound for women, Leah Nord of the Canadian Chamber of Commerce saidthere are still lots of reasons for concern on that front.

"If you look at who dominates food services and accommodationand retail,it's female," she said, citing the three sectors of the economy that are farthest away from their pre-COVID-19 levels of employment.

While encouraged by September's numbers, like many others she's worried about October's based on what they're already seeing, with climbing case numbers across Canadaandschool shutdowns in many places.

She is worriedabout the toll of the millions of people having to once againisolate themselves for months on end.

"There is the economic income side of work, but I think there is a whole other mental health side here as wellthat is certainly a factor now. And the longer this goes on, the more the impacts they are going to have."

Rebecca Haines-Saah has been juggling her children's remote learning commitments on top of her own full-time job requirements for months now, and says the pace is not sustainable for anyone. (Colleen Underwood/CBC)

Rebecca Haines-Saah knows those impacts first-hand. On top of her job as an assistant professor at the University of Calgary,Haines-Saahhas been handling remote learning from home for her two kids, in grades 3and 6, since March.

That means assisting with four or five hours a day of school work in the mornings, until she manages to start doing her own work at around 2 in the afternoon. She makes up the gap by working evenings and weekends.

While she says she feels lucky to be able to work from home and have the option to keep her kids safe at home, "I'd be lying if Isaid that Ihaven't been throughperiods of depression and frustration during this time," she said in an interview.

"It's emotionally exhausting for sure."

Now that the academic year has started up for her again, her workload is as full as ever, and she worries about the long-term impact not just on those who've lost a job, but on those who've managed to keep one.

"I was going full speed in September and right now it's kind of hitting me that not all of what Ithought was work is really sustainable," she said.

"But we're all doing what we have to do."

With files from the CBC's Reid Southwick

Add some good to your morning and evening.

Your daily guide to the coronavirus outbreak. Get the latest news, tips on prevention and your coronavirus questions answered every evening.

...

The next issue of the Coronavirus Brief will soon be in your inbox.

Discover all CBC newsletters in theSubscription Centre.opens new window

This site is protected by reCAPTCHA and the Google Privacy Policy and Google Terms of Service apply.