Canada Lost A Record One Million Jobs In March [View all]
Source: BBC News
More than one million Canadians lost their jobs in March, as the country locked down to combat the coronavirus.The data, released by the federal statistics agency on Thursday, also pushes the unemployment rate to 7.8%.
March saw the largest loss of jobs in a single month since the records began in 1976. There have been 19,290 confirmed cases in Canada and 436 deaths, according to figures from John Hopkins University.
One day before the figures were released by Statistics Canada, Prime Minister Justin Trudeau warned citizens to prepare for "a hard day for the country". In his a briefing on Thursday after the new numbers were released, Mr Trudeau said: "As stark at those numbers are they aren't a surprise."
"We all knew this was going to be a tough time," he said, adding that other countries are facing similar problems as a result of the global pandemic. Mr Trudeau added that portions of the economy can expect to re-open over the summer, after the first wave of infections have passed. But he warned the smaller outbreaks can be expected to continue throughout the summer...
Read more: https://www.bbc.com/news/world-us-canada-52232674
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