Unemployment Rates c/o Statistics Canada
The country shed more than a million jobs last month as COVID-19 hammered the economy.
The latest numbers from Statistics Canada show that Canada’s unemployment rate climbed by 2.2 percentage points to 7.8 per cent.
The employment rate itself fell 3.3 percentage points from February to March to 58.5%, the lowest since April 1997.
StatsCan notes that a large number of provinces and territories as well as municipalities across the country, declared a state of emergency during the month of March.
Nova Scotia alone lost nearly 25,000 full-time jobs in that period alone.
