Locals And Immigrants Benefit From Additional Jobs Created This August As Economy Of Canada Starts To Recover

When the pandemic brought about by the novel coronavirus has spread all over the world, governments of countries have decided to put their territories on lockdown. Since the virus does not move by itself but is being spread from person to person, the movement has been limited. This is why lockdowns have been put in place. Many countries were put on lockdown and Canada has been one of those. Those who have been planning on moving there as immigrants had to put their plans on hold.

Aside from these, there were also around three million jobs that were lost because of the limit on movement. There were businesses that had to close because they can no longer sustain keeping the business up. The economy of Canada, as well as many other countries, have been gravely affected since most of the lockdowns have been put up last March. Of course, the economy may have suffered but this is the best move to do as the disease caused by the virus can be deadly.

The economy is recovering

Three million jobs are three million jobs and the effect on the economy and the daily lives of those people who don’t have a source of income can be really devastating. That was in March. Now, several months later, more and more people are able to get jobs once again. The economy is starting to recover and this means that things are starting to look better for Canada.

A survey was done just for August and the results have just been released recently. The data shows that when Canada has started to ease the restrictions on the movement of the public, businesses were finally able to open up again and with that also means needing more employees. More employees mean more jobs opening. The locals of the country as well as immigrants have both benefited from this. With more jobs opening and being created, those individuals who were in need of jobs finally were able to grab one that would help them earn for their daily and financial needs.

The numbers

For August 2020, employment for citizens of Canada has gone up by 1.4%. New immigrants had an employment rate of 1.6% and for old immigrants, it went up to 2.2%. Analysts have it that the increase was perhaps because of the lesser people in the country since there were a lot fewer immigrants coming in because of the lockdown and the restrictions on the movement of people. A huge portion of these employments was for full-time jobs and that is a good thing since it means that the economy and the businesses are definitely starting to recover. Most of the new jobs opened were in the services industry and it was followed by the industry of the production of goods.

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