Canada Employment Falls In November, But Up 293,000 In The Last Year

Canada Unemployment Falls To New Record Low Of 5.2%, Spearheaded By Quebec
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Canada employment fell in November but still increased by 293,000 in the last year, according to the latest Canada jobs Labour Force Survey.

The Statistics Canada report shows a Canada unemployment rate of 5.9 percent, after a decrease of 71,000 jobs in the last month.

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Provincially, Ontario was the top performer, adding 15,400 jobs on the month with an unemployment rate of 5.6 percent.

On the demographic front, employment decreased for core-aged men and was little changed for core-aged women, with both categories showing gains on a year-over-year basis.

Unemployment for core-aged men stood at 5.3 percent at the end of November, while 4.7 percent of core-aged women were unemployed. 

What Are The Labour Force Survey Highlights?

Unemployment rate (%) 5.9
Employment rate (%) 61.7
Labour force participation rate (%) 65.6
Number unemployed 1,194,300
Number working 19,092,200
Youth (15-24) unemployment rate (%) 11.6
Men (over 25) unemployment rate (%) 5.2
Women (over 25) unemployment rate (%) 4.7

Source: Statistics Canada

Provincial Canada Jobs Picture

British Columbia still leads Canadian provinces with an unemployment rate of 5.0 percent, despite the province losing 18,000 jobs in November.

Employment figures in the western province are little changed compared to a year ago.

The French-speaking province of Quebec lost 45,000 jobs in November but is still registering gains of 45,000 jobs over the last 12 months.

As well as Ontario’s gain of 15,400, Prince Edward Island also added 100 jobs.

Which Canadian Province Has the Lowest Unemployment?

Jobs change October Unemployment rate (%)
1) British Columbia -18,200 5.0
2=) Quebec -45,100 5.6
2=) Manitoba -1,500 5.6
2=) Ontario 15,400 5.6
5) Saskatchewan -1,600 5.8
6) Alberta -18,200 7.2
7) Nova Scotia -700 7.8
8=) New Brunswick -300 8.0
8=) Prince Edward Island 100 8.0
10) Newfoundland & Labrador -900 11.2
CANADA -71,200 5.9

Source: Statistics Canada

Canada Jobs By Industry

November saw employment declines in both the goods and services industries.

Manufacturing and natural resources both showed declines in the goods-producing sector, of 28,000 and 6,5000 jobs respectively.

The employment decrease in the services-producing sector was mostly accounted for by public administration, where the number of workers fell by 25,000 in November.

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Canada’s private sector lost 50,000 jobs in November but shows gains of 146,000 in the last year.

Elsewhere, the public and self-employed sectors were both little changed. The public sector has added 115,000 jobs in the last year.

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