Canada added 54,000 net new jobs in November as the national unemployment rate fell 0.4 per cent to 6.5 per cent.
This marks the second straight month that the national unemployment rate has fallen.
The job growth was mainly driven by part-time work, according to Statistics Canada.
The agency also says 50,000 jobs were added among youth aged 15 to 24 years old in November, and followed the addition of 21,000 jobs in October. Combined, October and November saw the first increases in youth employment since the start of the year.
Get breaking National news
Youth unemployment fell 1.3 per cent to 12.8 per cent in November, according to the report.
In October, Canada’s national unemployment rate was 6.9 per cent, with youth unemployment at 14.1 per cent, and after September saw youth unemployment hit 14.7 per cent — the highest rate since September 2010.
Most of the jobs added overall in November were seen in health care and social assistance, followed by accommodation and food services, and natural resources Statistics Canada said. Meanwhile, employment decreased in wholesale and retail trade more than any other sector.
The private sector added 52,000 jobs in November, while the public sector saw little change.
63,000 part-time jobs were added in November. Part-time employment has increased at a faster rate than full-time employment over the past three months.
Geographically, employment was concentrated in Alberta, followed by New Brunswick and Manitoba, while employment was little changed in other provinces and territories.
Among people who were unemployed in October, nearly a fifth, or 19.6 per cent found a job in November, according to Statistics Canada.
More to come…
Comments