Nov 3, 2017 – Canada saw a job increase of 35,300 in October, in another strong set of labour market figures that consolidates recent gains.
The Statistics Canada Labour Force Survey showed a 12-month job increase of 308,000, spearheaded by those in full-time work.
Canadians are working 2.7 per cent more hours than a year ago, with the current unemployment rate at 6.3 per cent, the monthly federal government jobs figures showed. Unemployment has fallen 0.7 percentage points in the year to October
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The core labour market age-groups of men and women over 25 saw little change for the month of October, while employment rose for the younger age bracket of 15 to 24. Those aged 55 and over also saw little change in their jobs outlook.
Canada’s Jobs Snapshot
|End September||End October|
|Unemployment rate (%)||6.2||6.3|
|Employment rate (%)||61.6||61.6|
|Labour force participation rate (%)||65.6||65.7|
|Youth (15-24) unemployment rate (%)||10.3||11.1|
|Men (over 25) unemployment rate (%)||5.8||5.8|
|Women (over 25) unemployment rate (%)||5.1||5.1|
Source: Statistics Canada
Canada Jobs Provincial Picture
Provincially, the biggest mover was Quebec, with the French-speaking province adding 18,400 jobs in October, dominated by full-time positions. The Quebec unemployment rate of 6.1 per cent is driven by a 12-month jobs increase of 67,000, or 1.6 per cent.
Alberta continues to slowly recover from its oil-related downturn, adding 12,000 jobs in October with a 12-month increase of 17,000. The unemployment rate is down 0.8 per cent over the last year to 7.8 per cent, having peaked at 9 per cent in November 2016. Back in November 2014, Alberta’s unemployment was 4.4 per cent.
Manitoba saw a job increase of 4,000 in October, with an unemployment rate of 5.2 per cent, down 0.3 percentage points on the month. Over the year, employment is now up 14,000, or 2.3 per cent for the province.
Newfoundland & Labrador, meanwhile, saw its first monthly employment increase in nine months, adding 3,400 jobs in October, with the unemployment rate down to 14.5 per cent.
Ontario, New Brunswick and Nova Scotia also saw small jobs gains, although British Columbia remains the province with the lowest unemployment rate of 4.9 per cent.
Jobs Data in the Provinces
|Jobs change October||Unemployment rate (%)|
|1) British Columbia||-6,100||4.9|
|6) New Brunswick||2,300||7.8|
|8) Nova Scotia||700||8.7|
|9) Prince Edward Island||-500||10.3|
|10) Newfoundland & Labrador||3,400||14.5|
Source: Statistics Canada
Canada Jobs By Industry
The biggest October jobs increase by industry came in the ‘other services sector’, which includes civic and professional organizations, personal and laundry services. The sector saw an employment gain of 21,000.
The construction industry was not far behind, with an increase of 18,000 jobs in October.
Employment in both sectors in essentially unchanged over the last 12 months.
Other monthly employment boosts were seen in information, culture and recreation (15,000), agriculture (6,100) and manufacturing (7,800).
Manufacturing has also seen the second-best year-on-year gain of 51,000 jobs, behind professional, scientific and technical services with a gain of 81,000, or 6.1 per cent.
The private sector saw a gain of 39,000 jobs in October, while the public sector saw little change. Both have seen healthy job growth over the last year, of 165,000 and 83,000 respectively. Self-employment is also up 60,000 over the last 12 months.
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