July 5, 2022

The Queens County Citizen

Complete Canadian News World

Unemployment in Canada fell to 6%

Unemployment in Canada fell to 6%

Nationwide employment rose 0.8% last month, according to Statistics Canada. This is the sixth consecutive monthly decline in Canada’s unemployment rate since March 2021.

Although post-epidemic economic growth is improving under pressure, Canada’s unemployment rate has not yet regained the land it lost when the pandemic hit in the spring of 2020.

As of February 2020, Canada has an unemployment rate of 5.6%.

Quebec is regaining its pre-pandemic marks

Employment in Quebec also continues to recover, registering an unemployment rate of 4.5% last month, down 1.1 percentage points thanks to 46,000 job creation. This makes Quebec the province with the lowest unemployment rate in the country.

Thereby reclaiming the unemployment rate that Quebec is posting In February 2020, Before the COVID-19 epidemic.

Job creation continued in Ontario (+68,000 jobs), Alberta (+15,000), Newfoundland and Labrador (+9,100 jobs), Nova Scotia (+3,700 jobs) as well as Prince Edward Island (+2,900 jobs).

In addition, job creation for women in November was particularly favorable, according to statistics Canada, which reported job creation of 66,000 workers between the ages of 25 and 54.

Higher employment rate among women

More than 8 out of 10 women (80.7%) were employed by the main working age group (25 to 54) in November. This rate […] The highest since 1976, when comparable data began to be published, We can read Labor Force Survey November 2021.

Employment rose sharply in November, mainly in the services (+127,000) and manufacturing (+26,000) sectors.

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The November growth in goods is the first since March 2021, despite a five-month increase in employment over the past six months in the service industries, Statistics specify Canada.

The private sector also created the highest number of new jobs with 107,000 job creation last month.