Employment gains for Ontario in the latest survey

This article was last updated on April 16, 2022

Canada: Free $30 Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Free $30 Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…

Employment edged up by 15,000 in November. At the same time, there was a notable decline in the number of youths participating in the labour market. As a result, the unemployment rate fell 0.3 percentage points to 7.6%, the lowest since January 2009 

Since November 2009, employment has risen by 318,000 (+1.9%).
In November, part-time gains were partly offset by decreases in full time. Over the past year, part-time employment has grown by 4.0% (+127,000), a faster pace than the 1.4% growth in full time (+192,000).
November’s employment gains in health care and social assistance; retail and wholesale trade; and accommodation and food services were mostly offset by declines in manufacturing as well as in finance, insurance, real estate and leasing.
Ontario was the only province with a notable employment increase in November. Quebec and Manitoba had employment declines in the month, while the other provinces showed little change.
While employment for youths aged 15 to 24 was unchanged, their unemployment levels fell. This pushed the youth unemployment rate down 1.4 percentage points to 13.6%.

Employment gains in Ontario
Ontario’s employment level rose by 31,000 in November, pushing the unemployment rate down 0.4 percentage points to 8.2%, the lowest since January 2009. With November’s employment increase, the number of workers in Ontario grew by 2.1% (+140,000) from a year earlier, just above the national growth rate of 1.9%.
In November, employment in Quebec edged down by 14,000. Despite this decline, Quebec employment was up 78,000 (+2.0%) from a year earlier. The unemployment rate was 7.9% in November.
Manitoba’s employment level fell by 3,000 in November, partly dampening its 12-month gain of 13,000 (+2.1%). The unemployment rate, at 5.1%, remained the lowest of all provinces.
While employment was unchanged in Alberta, a decline in the number of people looking for work pushed the unemployment rate down 0.4 percentage points to 5.6%.
Employment in British Columbia was little changed in November. With fewer people searching for work, the unemployment rate declined by 0.5 percentage points to 6.9%.

Fewer youths looking for work
While employment among youths was unchanged in November, there were fewer youths looking for work. As a result, their unemployment rate fell 1.4 percentage points to 13.6%. Since June, the youth participation rate has declined 2.1 percentage points to 63.2% in November, the lowest since August 1999.
Labour market conditions were little changed among other demographic groups in November.
Share with friends
You can publish this article on your website as long as you provide a link back to this page.

Be the first to comment

Leave a Reply

Your email address will not be published.


*