Finally, jobless rate falls down to 6.8% only in November
Home / Jobs / Finally, jobless rate falls down to 6.8% in November

Finally, jobless rate falls down to 6.8% in November

 

Statistics Canada gave us all some good news relating to the jobless rate. It has dropped to 6.8% only in the past month! Over 10,500 new jobs were opened during November and fewer people were lo0oking for jobs.

Even though, compared with the last two months, November didn’t have higher new jobs openings but, enough to drop the rate from 7% to 6.8 %. Bad news is, despite the growing number of available jobs, most of the new openings are part time, and the number of full-time jobs is continuing to drop since the past year. Compared with 2015, more than 210,000 new part time jobs were created only in 2016. On the other hand, the number of full-time jobs decreased by 30,000 jobs in compared with the last year.

The sectors that experienced most of the growth belonged to the service sector: real estate, agriculture and finance.  Statistics Canada has also published each jobless rate by province. They are as follows:

  • Newfoundland and Labrador, 14.3 %, (down from 14.9 %)
  • Manitoba, 6.2 %, (down from 6.4 %)
  • British Columbia, 6.1 %, (down from 6.2 %)
  • Prince Edward Island, 10.8 %, (down from 11.7 %)
  • Nova Scotia, 8.0 %, (up from 7.6 per cent)
  • Saskatchewan, 6.8 %, (down from 6.9 %)
  • Alberta, 9.0 %, (up from 8.5 %)
  • New Brunswick, 8.7 %, (down from 10 %)
  • Quebec, 6.2 %, (down from 6.8 %)
  • Ontario, 6.3 %, (down from 6.4 %)

Build your new life in Canada
Start Here