The COVID-19 recession might be over. Canadian employment increased by about 290,000 positions in May, the biggest gain in Statistics Canada’s data set that goes back to 1976. The 1.7 per cent surge over April blew away the average monthly change observed by the Labour Force Survey, which showed a mere 0.1 per cent increase.
Alas, it will take more than green shoots to puncture the gloom caused by a disease that has killed more than 380,000 people around the world, pushed millions of workers out of the labour market and forced thousands of companies out of business.
Continue reading at the Financial Post ...