Last Updated On 6 January 2023, 8:15 PM EST (Toronto Time)
January 6 – New Statistics Canada data shows that the unemployment rate decreased to 5% in December as compared to November 2022.
This unemployment rate is just above the record low of 4.9% recorded in June and July of 2022.
Sectors | December 2022 (in thousands) | %Age Change November to December 2022 |
---|---|---|
Employees | 17098.0 | + 0.5% |
Public sector employees | 4243.5 | – 0.4% |
Private sector employees | 12854.5 | + 0.9% |
Self-employed | 2672.3 | + 0.4% |
Overall, employment increased by 104,000 (+0.5%) in the month of December 2022.
Province-Wise Unemployment Rate In Canada
Provinces | Unemployment rate | Monthly changes (in pts) |
Ontario | 5.3% | – 0.2 |
Alberta | 5.8% | No Change |
British Columbia | 4.2% | – 0.2 |
Quebec | 4.0% | + 0.2 |
Manitoba | 4.4% | No Change |
Saskatchewan | 4.1% | – 0.1 |
New Brunswick | 8.1% | + 0.8 |
Nova Scotia | 6.7% | + 0.7 |
Prince Edward Island | 5.6% | – 1.2 |
Newfoundland and Labrador | 10.1% | – 0.6 |
In December, employment rose in Ontario, Alberta, British Columbia, Manitoba, Newfoundland and Labrador, and Saskatchewan. The other provinces saw minimal change.
Employees absent due to illness or disability were at 8.1% of the time in December, up from 6.8% in November.
This was greater than the pre-pandemic December average of 6.9% observed from 2017 to 2019.
Employment among young people aged 15 to 24 increased by 69,000 (+2.7%) in the last month of 2022.
There was a rise in full-time employment among non-students as well as an increase in part-time employment among students.
Industry-Wise Employment In Canada
Industry | December 2022 (in thousands) | %Age Change November to December 2022 |
---|---|---|
Wholesale and retail trade | 2855.3 | -0.3 |
Health care and social assistance | 2608.0 | -0.7 |
Professional, scientific and technical services | 1844.0 | 1.3 |
Manufacturing | 1754.9 | -0.4 |
Construction | 1544.3 | 2.3 |
Educational services | 1483.8 | -0.7 |
Finance, insurance, real estate, rental and leasing | 1362.9 | 0.2 |
Public administration | 1154.6 | 0.9 |
Accommodation and food services | 1099.0 | 1.2 |
Transportation and warehousing | 1013.4 | 3.0 |
Information, culture and recreation | 840.0 | 3.1 |
Other services (except public administration) | 757.6 | 1.3 |
Business, building and other support services | 711.9 | 0.4 |
Natural resources | 334.8 | -0.6 |
Agriculture | 260.6 | 0.5 |
Utilities | 145.3 | -2.9 |
The number of construction workers increased by 35,000 (+2.3%). Increases were recorded in four provinces, with Ontario (+16,000; +2.7%) and Alberta (+13,000; +5.8%) leading the way.
Employment in transportation and warehousing increased by 29,000 (+3.0%) in December, recouping 18,000 lost in September and marking the industry’s first significant growth since November 2021.
Furthermore, employment in information, culture, and leisure increased by 25,000 (+3.1%) in December, following a 16,000 increase in November.
The number of individuals employed in professional, scientific, and technical services increased by 23,000 (+1.3%), with growth concentrated in Ontario (+22,000; +2.8%).
There were also more persons employed in accommodation and food services (+13,000; +1.2%), public administration (+11,000; +0.9%), and “other services” (+10,000; +1.3%).
However, employment in healthcare and social assistance dropped (-17,000; -0.7%), despite a record high number of job openings in the business in recent months.
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