Canada added more than 62,000 jobs in November and unemployment fell to 8.5 per cent as the coronavirus recovery continued.
The Canada jobs Labor Force Survey recorded employment growth of 0.3 percent for the month than other previous months but still another step in the right direction.
The month saw full-time employment rose by 99,000, another major sign of the recovery of the jobs markets.
Despite the second wave of coronavirus currently gripping Canada, the job recovery has continued.
Demographically, men aged twenty-five (25) to Fifty-four (54) added 23,000 jobs in November, a rise of 0.4 percent. Women in the same age-group saw little changes during the month.
For fifteen (15) to twenty-four (24)-year-olds, employment rose 0.9 percent, the equivalent of 20,000 jobs, with unemployment falling 1.4 percentage points to eighteen (18) percent.
In the fifty-five (55) and over age bracket, employment rosed by 23,000, a 0.6 percent rise.
What Are The Labor Force Survey Highlights?
|Unemployment rate (%)||8.5|
|Employment rate (%)||59.5|
|Labor force participation rate (%)||65.1|
|Youth (15-24) unemployment rate (%)||17.4|
|Men (over 25) unemployment rate (%)||7.4|
|Women (over 25) unemployment rate (%)||6.8|
Provincial Canada Jobs in November
There were jobs gains in seven out of ten (10) provinces in Canada in the month of November, led by Ontario.
Employment in the Atlantic provinces of Nova Scotia, New Brunswick, and Newfoundland & Labrador has returned to pre-COVID levels.
Currently, only the prairie provinces are experiencing difficulties, with falling jobs numbers in Saskatchewan Manitoba, and Alberta.
Unemployment Rates In Canadian Provinces
|Jobs change in the previous month||Unemployment rate (%)|
|Prince Edward Island||1,000||10.2|
|Newfoundland & Labrador||2,300||12.2|
Source: Statistics Canada
Ontario province added 36,600 jobs for an unemployment rate of ten percent, followed by British Columbia, which added 23,900 jobs and presently has a 7.1 percent unemployment rate.
In Quebec province, 15,700 jobs were added, with the unemployment rate at 7.2 percent.