employmentsurveymay2020Click image to enlargeEmployment rose by 246,000 in August, compared with 419,000 in July, according to the latest jobs data from Statistics Canada.

Combined with gains of 1.2 million in May and June, this brought employment to within 1.1 million of its pre-COVID February level.

The number of Canadians who were employed but worked less than half their usual hours for reasons likely related to COVID-19 fell by 259,000 (-14.6 per cent) in August. Combined with declines in May, June and July, this left COVID-related absences from work at 713,000 (+88.3 per cent) above February levels.

By mid-August, the total number of Canadian workers affected by the COVID-19 economic shutdown stood at 1.8 million. In April, this number peaked at 5.5 million, including a 3.0 million drop in employment and a 2.5 million increase in COVID-related absences from work.

All of the employment increase in August was in full-time work, which rose by 206,000 (+1.4 per cent), while the number of part-time workers was little changed.

Employment growth in the goods-producing sector was almost entirely attributable to manufacturing (+29,000; +1.8 per cent) in August, with the gains concentrated in Ontario, Quebec and B.C. Employment in manufacturing reached 95.3 per cent of its pre-COVID-19 level.

Meanwhile, the number of people employed in the natural resources sector declined by 9,000 (-3.0 per cent), with most of the decrease in Alberta (-7,000; -5.0 per cent). Capital expenditures in the oil and gas extraction industries declined by over half (54 per cent) from the first quarter to the second quarter, including spending on exploration and evaluation. Nevertheless, employment in the natural resources sector was within 95.9 per cent of its February level and remained above the all-industry average.

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New R&D institute for Ontario’s Niagara region

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$40 B US industrial robotics market by 2020

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Canada to top-up small business relief fund

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100,000 Toyoda hybrids sold in Canada

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Canada, Germany form energy partnership

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$1 M for Durham College trades education expansion

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ESAB restructures North American operations

ESAB Welding & Cutting Products is restructuring its operations and will integrate ESAB and Victor regional operations and facilities. The restructuring will be deployed in phases throughout this year and 2016.

Auto companies readying for new content requirements under USMCA

Canadian automakers are looking at their supply chains to make sure they’re prepared for the new regional content rules that are part of the new US Mexico Canada Agreement (USMCA), which replaces NAFTA.

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