Canadian Employment (Mar) – April 9, 2020
BCREA Canadian employment plummeted in March, falling by 1.01 million jobs (-5.3%, m/m). The unemployment rate increased 2.2 percentage points from 5.6% to 7.8%, as government measures intended to limit the spread of COVID-19 led to the closure of non-essential businesses and travel restrictions. Job losses were unsurprisingly right across the country, with the largest […]