Canadian Unemployment Rate Edges Up in November


Canadian jobless rate increased slightly to 6.6 percent in November of 2014 from 6.5 percent in the previous month. Employment decreased by 10,700 driven by drop in jobs in retail and professional services and part-time positions.

Compared with November 2013, employment increased by 146,000 (+0.8 percent), with part-time and full-time work up 1.9 percent and 0.6 percent respectively. Over the same period, the total number of hours worked was little changed (+0.1 percent).

Employment was little changed among people aged 25 to 54. Among youths aged 15 to 24, employment was stable in November, but there was a marked increase of 56,000 (+2.3 percent) compared with November 2013. Their employment rate was 56.5 percent in November, which was unchanged from October and the highest rate since February 2009.

In November, employment decreased in retail and wholesale trade as well as professional, scientific and technical services. At the same time, there were more people employed in natural resources and agriculture. In November, the number of private sector employees declined, while the number of public sector and self-employed workers edged up.

Provincially, employment declined in Ontario and Saskatchewan, while it increased in Quebec as well as Newfoundland and Labrador.

Canadian Unemployment Rate Edges Up in November


Statistics Canada | Carolina Cunha | carolina.cunha@tradingeconomics.com
1/9/2015 1:12:01 PM