Lifting restrictions on coronavirus-related lockdowns across the nation has triggered the start of economic recovery of Canada.
In June, Canada's economy generated almost 1 million jobs.
Many Canadians and permanent residents went back to work for their former employers and others started new jobs.
A total of 3 million people lost their jobs due to the lockout between February and April, and another 2.5 million were absent from work due to coronavirus-related causes, according to a study released by Statistics Canada on July 10.
The economic recovery gradually began as 290,000 people returned to work in May. Adding on this, the month of June helped ease low levels of unemployment across the country as jobs rose by a record 953,000.
These last two months saw a remarkable 40% recovery in the labor market. More than 1.24 million people have gained jobs, after 3 million people lost their employment earlier this year. The overall unemployment rate in Canada dropped from 13.7 per cent in May to 12.3 per cent in June.
However, the study notes that the participation rate of labour-power has risen significantly over the past two months to 63.8 per cent in June. In February, it was 65.5 per cent, before restrictions related to coronavirus.
This means a lot of people are now more positive about finding a job. A further consideration could be the obligation of the Canada Emergency Student Benefit (CESB) to actively look for jobs. The CESB was introduced to alleviate financial difficulties of students who may have been affected by the restrictions associated with coronavirus
In addition, the number of people working less than half of their regular hours also fell from 34.3 percent to 26.9 percent in June. Jobs increase in all provinces is largely associated with lockout restrictions being eased. Ontario's jobs rose by 378,000 (5.9 %), Quebec by 248,000 (6.5%) and British Columbia by 118,000 (or 5.4 percent).
As Canada reopened its economy, many Canadians and permanent residents went back to work or began looking for work.
Additionally, in terms of Express Entry draws, Immigration, Refugees and Citizenship Canada (IRCC) has returned to normal. The most recent draw held was a draw for an all-program. This means applicants of the Federal Skilled Worker Program (FSWP) and the Federal Skilled Trades Program (FSTP) were also considered.
Since travel restrictions were imposed to contain the spread of the coronavirus pandemic, IRCC kept program-specific draws alternating between Provincial Nominee Program (PNP) draws and Canadian Experience Class (CEC) draws. The latest employment figures from Canada are good news for these immigrants because they expect a better work market once they have secured permanent residency.
