Canada’s jobless rate hits new high

7 February, 2021 12:00 AM printer

OTTAWA: Amid the raging second wave of the Covid-19 pandemic, the unemployment rate in Canada rose by 0.6 percentage point to 9.4 per cent in January, the highest rate since August 2020, according to the national statistical office.

On Friday, Statistics Canada said that employment decreased by 213,000, or 1.2 per cent, in January as lockdowns and restrictions caused the closure of many businesses across the country, reports Xinhua news agency.

The decrease marked a second straight month that the labour market contracted after 63,000 positions disappeared in December 2020 to break a streak of monthly gains that began in May 2020, report agencies.

It was heavy in the services sector and part-time work fuelling the largest monthly decline since last April when some 2 million jobs were lost.