In November, Canada’s labor market saw some improvements. Despite this fact, the rate of recovery of the market seemed to slow down in November.
There was a recent release of a Labour Force Survey by Statistics Canada. It looked at the labor market conditions of the country from November 8 to November 14.
In general, the findings reveal that employment rose by 0.3% in the same month. This was after an increase of 0.5% in October.
The growth in the employment market was pulled down by several reasons:
- Declines in information
- Culture and recreation
- Food and accommodation services
Growth in the public sector was led by increased employment in schools and hospitals.
Unemployment was at its peak in May at 13.7%. It fell to 8.5% in November. This is lower than the October unemployment data by 0.4%.
The number of Canadians who got jobs in November was around 372,000. This number is more than the number of Canadians who transitioned from employment to unemployment which was 317,000.
Performance of Immigrants in the Labour Market of Canada
Canadians normally have a higher employment rate. Despite this fact, there were some immigrants who saw pre-Covid-19 levels of employment rates than Canadians.
Immigrants arriving in Canada more than five years ago saw a rate of employment of 58.1% in November. This is barely 1.2% points away from the February data.
Rates of employment for Canadian born workers were 59.7%. This is down by 1.7% points. According to Statistics Canada, these figures are not adjusted for seasonal employment rates.
The number of immigrants who set foot on Canadian soil within the last five years has reduced due to travel restrictions. The rate of employment of these new immigrants was 65.6%. This has changed marginally from the February figures.
Variations in Different Provinces
Employment grew in different provinces of BC, Ontario, and all the four Atlantic provinces. BC fell just short of the February figure by 1.5%.
Employment in provinces of Nova Scotia, Newfoundland and Labrador, and New Brunswick came back to pre-pandemic levels in November. PEI gained almost 1,000 jobs.
Manitoba saw a loss of employment, which was for the first time since April. The province lost almost 18,000 jobs in November.
Most of these job losses were in part-time work. The decline tallied with stiffer public health measures that came into existence in early November.
People with their own business or a job held steady in Quebec, Alberta, and Saskatchewan. Alberta saw its employment levels at its furthest from pre-Covid-19 levels at -4.9%.
Quebec saw little change in its employment for two consecutive months. Unemployment in the province fell by 0.5% to 7.2%. This was because fewer people were on a temporary layoff.
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