Labour Force Survey shows youth, health care and Alberta leading broad-based improvement
Canada’s job market regained some traction in November as hiring picked up, unemployment retreated and wage growth held steady, according to new figures from Statistics Canada.
The latest Labour Force Survey shows employment climbing and job seekers having an easier time finding work than earlier in the year, even as labour force participation edged lower.
Statistics Canada reports that employment rose by 54,000 in November, marking the third straight monthly gain after a sluggish first half of the year. The national employment rate ticked up to 60.9%, while the unemployment rate fell to 6.5%, reversing part of the run‑up that had pushed joblessness to its highest level in nearly a decade this fall.
The agency notes that cumulative gains of 181,000 jobs over September, October and November followed “a slow start to the year, with little net employment change from January to August.”
The shift is particularly significant given that the unemployment rate had climbed to 7.1% in September, the highest since May 2016 outside the pandemic years, before easing in October and again in November. In total, the number of unemployed people fell by 80,000 in November to about 1.5 million, with nearly one in five job seekers in October having found work by the following month.
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