Part time work drove a monthly employment increase of 44,000 for Canada in October, although the unemployment rate stayed at 7 per cent due to more people looking for work.
The 140,000 increase in employment over the year is also dominated by part time work, which accounts for 124,000 of those jobs, as per the latest data from Statistics Canada.
Provincially, Quebec shaved another 0.1% off its unemployment rate between September and October. The rate was already the lowest it has been for eight years.
Canada’s youth and men aged 25 to 54 saw increases in employment, with the other demographic groups showing little change.
Canada’s Jobs Snapshot
|End September||End October|
|Unemployment rate (%)||7||7|
|Employment rate (%)||61.1||61.2|
|Labour force participation rate (%)||65.7||65.8|
|Youth (15-24) unemployment rate (%)||13.2||13.0|
|Men (over 25) unemployment rate (%)||6.6||6.7|
|Women (over 25) unemployment rate (%)||5.3||5.2|
Source: Statistics Canada
Construction, wholesale and retail showed employment gains, along with educational services, natural resources and public administration. The business and building sectors both declined.
While the private sector showed an increase in employment, the public sector remained the same.
The number of private sector employees edged up in October, while there was little change in the number of public sector employees and self-employed people.
Jobs Data in the Provinces
|Jobs change October||Unemployment rate (%)|
|1) British Columbia||14,900||6.2|
|6) Nova Scotia||900||7.6|
|8) New Brunswick||-2,200||10|
|9) Prince Edward Island||-200||11.7|
|10) Newfoundland & Labrador||-5,600||14.9|
Source: Statistics Canada
The biggest provincial mover was Ontario, which added 25,000 jobs in October, enough for a 0.2 percentage point drop in unemployment to 6.4 per cent. The province has now added 77,000 jobs in the last 12 months.
British Columbia remained top of the pile in terms of unemployment rate, despite adding 0.5 percentage points to its figure to reach 6.2 per cent. The province added 15,000 jobs in October, but also registered significantly more people looking for work. Over the year, B.C. still has the fastest employment growth rate at 2.4 per cent, or 56,000 jobs.
Newfoundland and Labrador, meanwhile, saw employment decline by 5,600 in October and the unemployment rate jump 1.3 percentage points to 14.9 per cent.
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