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Canadian Economy Loses 2-Million Jobs in April

There are now more than three million people unemployed in Canada because of COVID-19.

Statistics Canada has released the jobless numbers for April, the first full month where nonessential businesses were shut down.

In March, one million people lost their jobs, in April that number rose by another two million. The unemployment rate rose by 5.2% last month to 13%.

Statistics Canada said the increase in unemployment is unprecedented, referring to the economic downturn of 1981 to 1982 when 612,000 people lost their jobs over 17 months.

In addition to job losses, the number of people still working but working less than half of their usual hours because of the pandemic has grown by 5.5-million since February.

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