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Canada Suffers Second Jobs-Market Setback Ahead of Reopening

  • Economy shed 68,000 positions; unemployment rate rises to 8.2%
  • But analysts expect a quick rebound as early as this month
Healthcare workers register people as they wait in line outside a Toronto vaccine clinic on May 19. 

Healthcare workers register people as they wait in line outside a Toronto vaccine clinic on May 19. 

Photographer: Cole Burston/Bloomberg
Updated on

Canada’s labor market weakened for a second month amid widespread restrictions to control a third wave of Covid-19.

The economy lost 68,000 jobs in May, Statistics Canada reported Friday in Ottawa. That adds to the 207,100 positions lost in April. The unemployment rate rose to 8.2%, from 8.1%. Economists in a Bloomberg survey had predicted a loss of 25,000 jobs, with a jobless rate of 8.2%.