November 2021 Labour Force Update

In November, Canada’s employment numbers rose, adding 154,000 jobs for a new total of 19,316,000 (+0.8%). Consequently, the unemployment rate fell, dropping -0.7% to 6.0%—within 0.3 percentage points of its February 2020 benchmark.1 Gains were found in both part- and full-time work as the industry segments most impacted by the pandemic continue to recover. Part-time […]

October 2021 Labour Force Update

In October, Canada’s employment held remarkably steady, adding 31,000 jobs for a new total of 19,162,000 (+0.2%). In kind, the unemployment rate fell but only slightly, by 0.2% to a total of 6.7%. After finally reaching pre-pandemic levels in September, October’s numbers are cause for optimism—if only for the suggestion of relative stability—but new discourse […]