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Trevor Tombe Profile picture
Trevor Tombe
@trevortombe
Professor @EconCalgary | Fellow @policy_school | Alum @econuoft @SFUBeedie | @thehubcanada Contributor | Inflation, govt finances, R, and more! | 💻 📊 📝 🍻

Apr 9, 2021, 5 tweets

Today's data: jobs!! 🚨🥳 www150.statcan.gc.ca/n1/daily-quoti… Employment up in March over 300k, mostly in Ontario. Here's all provinces. #cdnecon

Labour market recovery continuing in March, with the employment rate back above 60% -- though roughly 1.5-2 points below pre-COVID levels.

Important slack remains, though, especially among young women. Young men's employment rates have almost returned though young women remain roughly five points below pre-COVID levels.

Why the difference? Largest source of weakness in the labour market remains the sectors heavily affected by the public health crisis. Accommodation and food services will hopefully rebound relatively quickly as we get to the other side of this.

Across #cdnecon, we're just shy of 300k jobs below pre-COVID levels. Some provinces further behind than others, and BC even now exceeds its pre-COVID employment levels. Here's all provs:

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