Auto Added by WPeMatico

Low unemployment and high participation rate indicate persistent job vacancies in Canada

CIC News Low unemployment and high participation rate indicate persistent job vacancies in Canada Statistics Canada’s latest Labour Force Survey reveals signs of healthy employment, as the country’s economy continues to normalise after the COVID-19 pandemic. In the latest report covering September of 2023, Canada’s unemployment rate—the number of unemployed individuals in the country over…

Labour Force Survey: Employment in Canada held steady in February 2023

CIC News Labour Force Survey: Employment in Canada held steady in February 2023 According to Statistics Canada’s latest Labour Force Survey, employment in Canada stayed relatively the same (+22,000; +0.1%), following two monthly increases in December 2022 and January 2023. Discover if You Are Eligible for Canadian Immigration The unemployment rate remained unchanged at 5.0%,…

December 2022 Labour Force Survey: Employment across Canada rises by over 100,000 to wrap up the year

CIC News December 2022 Labour Force Survey: Employment across Canada rises by over 100,000 to wrap up the year According to the latest Labour Force Survey (December 2022) released by Statistics Canada, employment in Canada rose 0.5 percentage points over the month (+104,000 jobs), as the national unemployment rate dropped to 5.0% (-0.1% month-over-month). General…

Canada’s unemployment rate down to record-low 5.1%

CIC News Canada’s unemployment rate down to record-low 5.1% Canada’s unemployment rate hit a new record-low of 5.1%, the lowest point it’s been since comparable data became available in 1976. Statistics Canada reported in its most recent Labour Force Survey that the labour force gained 39,800 jobs in May, mostly in full-time work. More than…

Unemployment rate among Canadian immigrants at historic low

CIC News Unemployment rate among Canadian immigrants at historic low The unemployment rate for immigrants who landed in Canada within the past five years was at a record low according to Statistics Canada’s March Labour Force Survey. The newly-released report captured Canada’s labour market conditions during the week of March 13 to 19. During the…

Canada nears record-low unemployment rate in February

CIC News Canada nears record-low unemployment rate in February Canada’s labour force made a full recovery in February as Omicron-related public health measures lifted in several provinces. Statistics Canada measured Canada’s labour market performance during the week of February 13 to 19. After public health measures were tightened in December and January, many had been…

Canada’s employment growth slows in January due to Omicron

CIC News Canada’s employment growth slows in January due to Omicron The surge of Omicron cases in Canada forced businesses to close in January. As a result, Canada lost 200,000 jobs and unemployment rose to 6.5%. Statistics Canada’s newest Labour Force Survey captures Canada’s labour data from the week of January 9 to 15. By…

Canada added 55,000 jobs in December

CIC News Canada added 55,000 jobs in December Canada’s employment rose 55,000 in December, while unemployment was little changed. Statistics Canada’s Labour Force Survey captured economic conditions during the week of December 5 to 11. The reference week was just before the Omicron variant became widespread in Canada, causing a surge in cases. Public health…

Job growth in Canada exceeded expectations in November

CIC News Job growth in Canada exceeded expectations in November With employment soaring beyond predictions and unemployment dropping to near pre-pandemic levels, new labour force data suggest that Canada is on its way to a full economic recovery. This past November, Canadian employers added 154,000 jobs to the economy. Last month’s growth exceeded analysts’ predictions…

Canada employment regains pre-pandemic levels in September

CIC News Canada employment regains pre-pandemic levels in September Canada’s economy gained 157,000 jobs last month, bringing the employment rate to within a percentage point of pre-pandemic levels. Statistics Canada’s Labour Force Survey captured the Canadian labour market for the week of September 12 to 18. That week, several provinces had introduced proof-of-vaccination requirements to…