Employment rose in B.C. and Newfoundland final month, new Labour Drive Survey reveals

Employment rose in B.C. and Newfoundland last month, new Labour Force Survey shows

British Columbia and Newfoundland led Canada’s provinces in employment good points in October, Statistics Canada’s new Labour Drive Survey experiences.

Canada added 443,000 new jobs within the 12 months spanning October 2018 to October 2019, led by good points in full-time work, Statistics Canada mentioned.

General employment dropped barely in October, as Canada shed 1,800 internet jobs, however the nationwide unemployment fee held regular at 5.5 per cent, the survey reveals.

The slight dip in internet jobs in October adopted massive employment good points in August and September.

B.C., Newfoundland submit employment good points

British Columbia led Canada’s provinces with a achieve of 15,000 internet jobs in October. Statistics Canada mentioned this was pushed by will increase in full-time work for folks aged 55 and over.

The province’s unemployment fee remained steady at 4.7 per cent — the bottom in Canada.

Newfoundland and Labrador additionally posted a achieve of two,700 internet jobs in October, a outcome primarily of part-time work amongst these between the core working ages of 24 and 54.

Each the employment degree and unemployment fee remained largely unchanged in most of Canada’s different provinces in October.

Staff over 55 make good points

Employment amongst women and men aged 55 and over rose in October by a complete of 31,000 internet jobs. The unemployment fee for this group stood at 4.7 per cent, down 0.2 share factors.

Statistics Canada mentioned employment for this age group rose by 187,000 internet jobs between October 2018 and October 2019, or 4.6 per cent.

Employment amongst males aged 25 to 54 declined by 29,000 internet jobs in October. Nevertheless, employment on this group was up by 94,000 internet jobs in comparison with October 2018.

Statistics Canada mentioned there was little change in employment amongst girls aged 24 to 54 and no change in employment for younger folks aged 15 to 24.

Employment will increase/decreases by business

The variety of folks employed in manufacturing and development fell in October, by 23,000 and 21,000, respectively. Most manufacturing losses got here in Ontario whereas the decline in development was unfold throughout 5 provinces led by Ontario and Quebec.

Employment in public administration was up by 20,000 in October, with good points reported in British Columbia, Quebec, New Brunswick and Prince Edward Island. Employment on this sector grew by 73,000 over October 2018, or 7.6 per cent.

Employment was additionally up in October for folks working within the finance, insurance coverage, actual property, rental and leasing business. Statistics Canada mentioned the achieve of 18,000 internet jobs on this discipline was the second improve in three months. In comparison with October 2018, employment was up by 64,000.

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