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Canada Just Lost 63,000 Jobs For The First Time Since April Says Statistics Canada

More than a million Canadians were hit by loss of employment and reduced hours.
Canada Just Lost 63,000 Jobs For The First Time Since April Says Statistics Canada

It appears Canada lost a ton of jobs in the final month of 2020.

The country bid farewell to 63,000 jobs for the very first time since April, according to data from Statistic Canada.

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63,000 Canadian jobs lost in December 2020

The data agency says this was largely due to strict public health guidelines that were put in place to curb the continuous spread of the COVID-19 virus, further citing job losses as a casualty of the global pandemic.

Statistic Canada said that public health measures that were introduced in the early days of the fall all over the country forced "recreation and cultural facilities", in-person-dining, and retail businesses to close their doors.

What's more, part-time employment declined by 99,000 in December too, however, full-time employment in December increased by 36,500.

Additionally, 62,000 self-employment jobs were also lost in  December.

In the same month, 1.1 million Canadians were hit by a loss of employment and reduced hours. In April however, that number stood at 5.5 million.

Total hours worked by Canadians also fell flat for the first time since April, hitting 0.3% in December.

And as expected, Canadians working from home trended up, reaching 28.6% in the same month. 

This article is the first in Narcity's bi-weekly Millennial Money Makers series, which profiles young Canadians who are making money in "new" — and often surprising — ways. Have a story to tell? Get in touch with sarah.rohoman@narcity.com.

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