{"id":12714,"date":"2020-08-05T10:24:31","date_gmt":"2020-08-05T14:24:31","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=12714"},"modified":"2020-08-05T10:24:31","modified_gmt":"2020-08-05T14:24:31","slug":"july-2020-lfs-preview","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2020\/08\/05\/july-2020-lfs-preview\/","title":{"rendered":"July Labour Force Survey Preview: Tracking the Hardest-Hit Sectors"},"content":{"rendered":"\n<p>It\u2019s been a wild few months for the Canadian labour market. Each of the past four Labour Force Surveys has broken a new record: March and April for job losses, and May and June for gains, though <a href=\"https:\/\/www.hiringlab.org\/en-ca\/2020\/07\/10\/june-2020-lfs\/\" target=\"_blank\" rel=\"noreferrer noopener\">over half of the previous decline remains<\/a>. These wild swings have been led by industries hit especially hard by the pandemic. Whether the July numbers maintain recent momentum will depend whether the tailwinds from economic reopening in these sectors persist.<\/p>\n\n\n\n<p>Through June, three industries stand out with employment still particularly far in percentage terms from February levels:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u201cOther\u201d services <\/strong>(-16%), which cover a range of sub sectors like mechanics, but also hard-hit personal care services like hair salons and barber shops.<\/li><li><strong>Information, culture and recreation<\/strong> (-17%), which includes earlier shuttered businesses like gyms and casinos.<\/li><li><strong>Accommodation and food services<\/strong>, which has experienced by far the largest job losses (-33%).&nbsp;<\/li><\/ul>\n\n\n\n<p>These three sectors entered the crisis making up 15% of Canadian employment, but as of June accounted for 38% of net job losses since February.&nbsp;<\/p>\n\n\n\n<p>Throughout the summer, the Canadian economy has been transitioning from the \u201creopening\u201d phase of the recovery \u2014 during which the rebound from initial pandemic-induced closures has been swift \u2014 to what the Bank of Canada refers to as <a rel=\"noreferrer noopener\" href=\"https:\/\/www.bankofcanada.ca\/wp-content\/uploads\/2020\/07\/mpr-2020-07-15.pdf\" target=\"_blank\">the \u201crecuperation\u201d phase<\/a> \u2014 where further progress proceeds more slowly.&nbsp;<\/p>\n\n\n\n<p>Which stage best describes the period between the June and July LFS weeks will substantially depend on developments in these hard-hit service sectors, and might vary by region. For instance, June employment in accommodation and food services was closer to February levels in <a href=\"https:\/\/twitter.com\/BrendonBernard_\/status\/1290749957268537349?s=20\" target=\"_blank\" rel=\"noreferrer noopener\">Atlantic Canada, B.C., and Manitoba, then elsewhere<\/a>. Meanwhile, patios hadn\u2019t opened in large parts of Ontario until after the June reference week. Hopefully we\u2019ll see more quick wins for the Canadian labour market in the upcoming job numbers, before hitting the point where sustaining improvement becomes a tougher slog.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rebounds in non-essential services will be crucial to maintain recent momentum.<\/p>\n","protected":false},"author":38,"featured_media":13759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"recruiter-hub-blocks.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"post_mwm_category":[715],"post_topic":[],"post_content_type":[],"post_duration":[],"post_actions":[],"post_franchise":[],"post_mwm_author":[670],"class_list":["post-12714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","post_mwm_category-state-of-the-labour-market","post_mwm_author-bbernard"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>July Labour Force Survey Preview: Tracking the Hardest-Hit Sectors - Indeed Hiring Lab Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hiringlab.org\/en-ca\/2020\/08\/05\/july-2020-lfs-preview\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"July Labour Force Survey Preview: Tracking the Hardest-Hit Sectors - Indeed Hiring Lab Canada\" \/>\n<meta property=\"og:description\" content=\"Rebounds in non-essential services will be crucial to maintain recent momentum.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hiringlab.org\/en-ca\/2020\/08\/05\/july-2020-lfs-preview\/\" \/>\n<meta property=\"og:site_name\" content=\"Indeed Hiring Lab Canada\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-05T14:24:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/09\/pasted-image-0-3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1119\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Brendon Bernard\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2020\/08\/05\/july-2020-lfs-preview\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2020\/08\/05\/july-2020-lfs-preview\/\"},\"author\":{\"name\":\"Brendon Bernard\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/b28cdbf17ac4ddf600775fb6b65c9401\"},\"headline\":\"July Labour Force Survey Preview: Tracking the Hardest-Hit Sectors\",\"datePublished\":\"2020-08-05T14:24:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2020\/08\/05\/july-2020-lfs-preview\/\"},\"wordCount\":323,\"image\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2020\/08\/05\/july-2020-lfs-preview\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2021\/09\/02120921\/pasted-image-0-3.png\",\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2020\/08\/05\/july-2020-lfs-preview\/\",\"url\":\"https:\/\/www.hiringlab.org\/en-ca\/2020\/08\/05\/july-2020-lfs-preview\/\",\"name\":\"July Labour Force Survey Preview: Tracking the Hardest-Hit Sectors - 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With a vertical axis ranging from -60% to 10%, the graph shows the % employment change from Jan 2020 to Jun 2020 in all industries (Total), in Information, culture and recreation, in Accomodation and food services, and in Other services (ex public administration). All 4 lines were around 0% through January and started to drop in February and through April. Accommodation and food services took the largest drop with -50% in April, while the other three remained above -30%. By June 2020, Total was at -9%, Other services was at -16%, Information, culture and recreation was at -17%, and Accommodation and food services was at -33%. 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