Canada’s March labour market report, the first since the country started feeling the full impact of the coronavirus pandemic, shows the economy shed more than one million jobs last month, Statistics Canada said on Thursday.
Data shows the country’s employment plunged by 1,011,000 or 5.3 per cent. [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] The unemployment rate jumped 2.2 per cent to 7.8 per cent, the largest one-month jump since comparable record-keeping began in 1976. — More to come