July 7, 2017 – Canada recorded the largest quarterly Canada jobs increase since 2010 in the second quarter of 2017.
Employment grew by 103,000, or 0.6 per cent, according to Statistics Canada, to build a fourth consecutive quarter of strong jobs gains.
In the last six months, employment growth of 186,000 eclipses the 64,000 jobs added for the same period of 2016.
Monthly figures were also encouraging, with 45,000 jobs added in June, mainly part-time. This meant the Canada unemployment rate nudged down from 6.6 per cent to 6.5 per cent over the course of the month.
There are now 351,000 more people in work in Canada than there were a year ago. Encouragingly, 248,000 of those jobs have been added in full-time work, with 103,000 classed as part-time.
Older women led the demographic growth, with employment gains of 31,000 among those aged 55 and over. The unemployment rate for older people stands at 5.8 per cent, with the 133,000 jobs added in the last year an indicator of Canada’s aging population.
For core-age workers, women aged 25 to 54 added 17,000 jobs in June, for an unemployment rate of just 5.2 per cent. This group has now added 86,000 jobs over 12 months.
For men aged 25 to 54, the unemployment rate was a steady 5.7 per cent, down 04 percentage points from a year earlier.
Canada’s Jobs Snapshot
|End May||End June|
|Unemployment rate (%)||6.6||6.5|
|Employment rate (%)||61.5||61.6|
|Labour force participation rate (%)||65.8||65.9|
|Youth (15-24) unemployment rate (%)||12.0||12.0|
|Men (over 25) unemployment rate (%)||6.0||5.8|
|Women (over 25) unemployment rate (%)||5.3||5.3|
Source: Statistics Canada
Provincial Canada Jobs Picture
Looking provincially, British Columbia returned to being the province with the lowest unemployment, adding 19,700 jobs. The western province’s unemployment rate fell from 5.7 per cent to 5.1 per cent in June. B.C. has added 104,000 jobs over the last year, continuing a trend that began in 2015.
Quebec was another major mover on the jobs front, adding 28,300 in June to maintain record low unemployment of 6 per cent. The French-speaking province has now added 122,000 jobs over the last year.
Jobs Data in the Provinces
|Jobs change April||Unemployment rate (%)|
|1) British Columbia||19,700||5.1|
|7) New Brunswick||-100||8.1|
|8) Nova Scotia||-1,900||8.8|
|9) Prince Edward Island||-500||10.2|
|10) Newfoundland & Labrador||-1,400||14.9|
Source: Statistics Canada
Elsewhere, there were encouraging signs in Alberta, where the unemployment rate fell 0.4 percentage points to 7.4 per cent. The province has added 49,000 jobs in the last year, the vast majority of them full-time.
Ontario saw little change in a solid month, recording growth of 75,000 Canada jobs for the year, although little change in the first half of 2017.
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