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Here are the latest numbers from Statistics Canada | Statistique Canada: 📈 Employment increased by 37,000 jobs in January, following three months of little change 📉The unemployment rate fell 0.1 percentage points to 5.7 per cent ℹ️ This marks the first decline in unemployment rate since December 2022 Source: Labour Force Survey (LFS) released on February 9, 2024. #EmploymentTrends #employment #unemployment #rates #trends #StatsCan

Canada's labour stats for April 2024: - employment increased by 90k, 50k of it was part time jobs - unemployment rate 6.1% - employment rate 61.4% - public sector grew by 24k. - yoy the public sector is up 208k jobs and the private sector is up 190k. Job growth is lead by the public sector. The private sector lags behind. The population increase in April was +112K, second highest on record, doesn't go well with the jobs report. Bond yields up by 7 bps across the board.

Statistics Canada published the Labour Market Survey for November 2023 In November, employment slightly increased by 25,000, lowering the employment rate to 61.8% as population growth surpassed employment growth. Unemployment rate increased to 5.8%, continuing an upward trend. Manufacturing and construction sectors saw increases, while wholesale and retail trade and finance sectors experienced declines. Employment rose in New Brunswick and fell in Prince Edward Island, with little change in other provinces. St. Catharines–Niagara and Oshawa had the most significant unemployment rate increases. Total work hours decreased by 0.7%, but average hourly wages rose 4.8% year-over-year. Most recent immigrants faced difficulties finding work related to their credentials or overseas experience. Follow the Life Ashore page and click: https://lnkd.in/g7iBCyj https://lnkd.in/eiHRKvN More updates on Canada Immigration programs Visit our website: www.lifeashore.com

#Unemployment has been on the rise in Canada! According to the latest Labour Force Survey from Statistcs Canada, the unemployment rate across Canada has increased for the fourth consecutive month. This is quite the change from the record low seen in December 2022. Jobs aren't as easy to come by as they were last year with both employers and workers looking to find the right match. Here at OCS we'll be keeping an eye on these findings and tailor our strategy so we can continue to assist our clients and candidates, and help all achieve their goals. If things get tough, keep going! We'll be with you the whole way. #optionscs #executivesearch #recruitment #humanresources #unemployment #labourmarket #jobs

Canada's labour market showed unexpected resilience in January — according to Statistics Canada | Statistique Canada's Labour Force Survey — with the unemployment rate 📉 to 5.7% and a notable job 📈 of 37K, surpassing market expectations. Read our Sr. Research Director Marwa Abdou's data commentary for more ➡️ https://bit.ly/42wI8BR #canadianeconomy #labourforce #labourmarket #unemployment #employment

Canada's unemployment rate was 6.2% last month, up 0.9% from last May. 📈 Statistics Canada has released its labour force findings for May 2024, and we've gathered some of the highlights for you. Read the full article on Statistics Canada's website: https://lnkd.in/g-Q-VNXC Graphics by HR West Consulting Data from Statistics Canada | Statistique Canada #statisticscanada #labour #employment #canada

Actalent's Q2 Canada Labour Market and Economy Report is live! A sneak peak into the report: "Slower overall employment gains in the second quarter, a smaller number of vacancies, the cooling manufacturing sector, and slowing wage growth are positive indicators of a “cooling” economy, making the #softlanding that the #bankofcanada would like to achieve more obtainable. On the other hand, some economists believe that at least a mild downturn will be inevitable in late-2023 or 2024 due to high #inflation and lagging effects from high #interestrates. So far, predictions of a full-blown #recession have not materialized, partially due to the unexpectedly strong labour market." Read more here: https://lnkd.in/ekyTXAAM #marketresearch #canada #labourmarket #stem #marketinsights

The latest dual jobs reports have come in below analysts' expectations which result in below unemployment rates: Canada unemployment rate: 6.4% The U.S. unemployment rate: 4.1% Canada's labor market is showing more weakness than that of the U.S., which is a strong indication for why Canada has already started reducing interest rates. It also appears that an interest rate reduction for the U.S. might be on the way before year-end. #canada #theus #unemplymentrate #interestrate

The Canadian economy added 64,000 jobs last month as the country’s population continues to rapidly grow. Statistics Canada released its September labour force survey this morning, which shows the unemployment rate continued to hold steady at 5.5 per cent for the third month in a row. Attached is the infographic from Talent Canada. See the full story at https://lnkd.in/g48kHBGY #HR #UnemploymentRate #humanresources

Statistics Canada published the Labour Market Survey for November 2023 In November, employment slightly increased by 25,000, lowering the employment rate to 61.8% as population growth surpassed employment growth. Unemployment rate increased to 5.8%, continuing an upward trend. Manufacturing and construction sectors saw increases, while wholesale and retail trade and finance sectors experienced declines. Employment rose in New Brunswick and fell in Prince Edward Island, with little change in other provinces. St. Catharines–Niagara and Oshawa had the most significant unemployment rate increases. Total work hours decreased by 0.7%, but average hourly wages rose 4.8% year-over-year. Most recent immigrants faced difficulties finding work related to their credentials or overseas experience.