Quebec’s unemployment rate fell to a record low in November, falling 0.6 points to 6.2 per cent, with the province adding an impressive 81,000 jobs in the last year.
The French-speaking province’s unemployment rate is now the lowest since records began in 1976.
Nationally, Canada’s unemployment rate fell to 6.8 per cent in November, as more people found work in another set of figures that showed progress on the jobs front.
Employment is now up 183,000, or 1 per cent, in the last 12 months, according to new Statistics Canada figures.
The main demographic gains in November came for men aged 25 to 54, and the over-55s, while Nova Scotia saw the biggest gains in employment and New Brunswick’s unemployment rate fell from 10 per cent to 8.7 per cent.
Canada’s Jobs Snapshot
|Unemployment rate (%)||7||6.8|
|Employment rate (%)||61.2||61.2|
|Labour force participation|
|Youth (15-24) unemployment|
|Men (over 25) unemployment|
|Women (over 25)|
unemployment rate (%)
Source: Statistics Canada
Key sector gains came in finance, insurance and real estate, while culture & recreation and agriculture also showed significant improvement.
There were 3,700 more people employed in Nova Scotia in November, with an unemployment rate of 8 per cent, meaning the situation is unchanged since the same time last year.
Ontario added 19,000 jobs for a 0.3 per cent gain in employment and an unemployment rate of 6.3 per cent. Over the last year, the province has added 105,000 jobs, a gain of 1.5 per cent.
Jobs Data in the Provinces
|1) British Columbia||-9,300||6.1|
|6) Nova Scotia||3,700||8|
|7) New Brunswick||500||8.7|
|9) Prince Edward Island||300||10.8|
|10) Newfoundland & Labrador||-400||14.3|
Source: Statistics Canada
British Columbia still leads the way in terms of unemployment rate at 6.1 per cent with year-on-year gains of 48,000 jobs, making it the fastest growing province for jobs at 2.1 per cent.
Data By Industry
November saw 14,000 more people find work in finance, insurance and real estate. These sectors have now grown by 4.7 per cent in the last year.
A gain of 13,000 jobs in information, culture and recreation has seen those sectors grow 5.9 per cent, or 45,000 jobs, the largest rate of growth of all industries on a year-over-year basis. Employment also increased in agriculture, up 6,000 in November.
Compared with November 2015, the number of private sector employees increased by 172,000, or 1.5 per cent, while there was little change for public sector employees and self-employed workers.
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