Atlantic Labour Market Shows Lowest Job Loss in Canada | INS The Immigration Specialists Inc.


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  • Atlantic Labour Market Shows Lowest Job Loss in Canada

    The outbreak of the COVID-19 led to the shutdown of non-essential services, which resulted in devastating effects for Canada’s labour market. However, in the month of June, the country has recovered the employment rate.

    New Brunswick has had the lowest rate of unemployment in Canada since the start of the restrictions implemented due to COVID-19. Compared to Canada’s overall unemployment rate, which currently sits at 12.3%, New Brunswick only has a rate of 9.9%. This has only increased by 2% since last year and has already started to show an improvement of 2.9% since May, according to StatsCan.

    As countries start to recover from the impact that the pandemic has had on their economies, Canada seems to have made strides and according to Times magazine, has had the best global responses and some of the most positive results among all G-7 countries in terms of healthcare and Government economic stimulus-response strategies and overall economic recovery, with almost 1 million people returning to work in June 2020 alone.

    Source: BMO Report

    Top Jobs in Atlantic Canada

    There are a variety of jobs available in Atlantic Canada, particularly in transportation, medical, hospitality and tourism as well as trade professions. Below are some of the in-demand jobs in Canada’s Atlantic provincial industries.

    • Medical - Nurses, physicians, dentists, home support workers;
    • Logistics and Transportation - Long Haul Truck Drivers, delivery workers, bus drivers;
    • Agriculture - General farmworkers, farm and livestock supervisors, fruit pickers;
    • Trades - Mechanics, carpenters, welders, pipefitters
    • Hospitality and Tourism - Front desk clerks, cooks, food and beverage servers, cleaning staff;
    • Food Processing and Manufacturing - Industrial butchers, fish and seafood plants workers; and
    • Tech and Science - Aerospace engineers and inspectors, Civil engineers, Chemical technicians

    Source: Atlantic Canada Opportunities

    Canada’s employment rate rebounded in June

    The Canadian economy lost 3 million jobs between February and April; however, the nation started to recover the employment rate as the restrictions imposed across the country due to the pandemic started getting lifted.

    The recovery of the employment rate in the country started in the month of May when 290,000 individuals returned to their work. And the graph for the month of June showed a drastic increase in the number of individuals returned to their work to 953,000.

    In the months of May and June, the Canadian economy recovered 40% of the jobs lost, which means over 1.24 million people have regained employment.

    Canada extended the wage subsidy to support businesses to retain and recruit employees

    On July 13, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December 2020. 

    The purpose of the CEWS program is to support businesses in retaining their existing employees on the payroll and to promote the affected firms to re-hire the laid-off employees. This program covers 75 percent of wages for workers at eligible businesses and non-profit organizations, by up to $847 per week. 

    Through the extension of this program, the federal government aims to provide more support to the workers during the current crisis. This program will help the Canadian economy recover its employment rate.


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