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  • CA Labour Force Survey, November 2024

    From statcan.gc.ca

    Employment increased by 51,000 (+0.2%) in November and the employment rate held steady at 60.6%. The unemployment rate rose 0.3 percentage points to 6.8%, as more people looked for work. In November, employment rose among core-aged (25 to 54 years old) men (+45,000; +0.6%), while it fell among women aged 55 to 64 years old (-20,000; -1.3%). Employment rose in the month in wholesale and retail trade (+39,000; +1.3%), construction (+18,000; +1.2%), professional, scientific and technical services (+17,000; +0.9%), educational services (+15,000; +1.0%), and accommodation and food services (+15,000; +1.3%). It declined in ... (full story)

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  • Canada’s unemployment rate jumps to 6.8% in November

    From globalnews.ca

    Canadian employers collectively added some 51,000 jobs in November, but the unemployment rate jumped as more people looked for work, according to Statistics Canada. Canada’s unemployment rate now stands at 6.8 per cent, up 0.3 percentage points from October. The jobless rate now stands at its highest levels since January 2017, outside the COVID-19 pandemic years. Some 87,000 people were newly unemployed in November, including all those looking for work or on a temporary layoff. The November jobs figures are the final major economic data release before the Bank of Canada makes its last interest rate decision of the ... (full story)

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