Canada added 231,000 jobs in June, pushing jobless rate down to 7.8%

Canada’s economy added 231,000 jobs last month, more than offsetting the losses seen in the previous two months as COVID-19 restrictions eased and businesses started hiring again.

Statistics Canada reported Friday that 264,000 new jobs were of the part-time variety. Full-time work actually declined by 33,000 positions.

Almost all of the new jobs were added among young workers between the ages of 15 and 24. There was a surge of 164,000 jobs for that demographic. That’s the biggest jump since July 2020.

More to come