Canada employment rate hits record high at 63.8 pct
OTTAWA (AFP) — Canada's economy added 43,000 jobs in November, Statistics Canada said Friday.
So far this year, 388,000 jobs were created -- an increase of 2.3 percent, and stronger than the 1.8 percent increase seen over the same period in 2006 -- the government agency said in a statement.
But, as more people entered the labour force in November, the unemployment rate still moved up 0.1 of a percentage point to 5.9 percent, it said.
The new jobs boosted the country's employment rate to a record high of 63.8 percent.
According to the most recent international data available, Canada's employment rate was higher than that of the United States and most European countries in the second quarter of 2007.
Among European countries, only Denmark, the Netherlands and Sweden had higher rates of employment.
Four industries recorded employment gains in November: transportation and warehousing; business, building and other support services; educational services; and natural resources.
Gains were concentrated among men aged 25 to 54 years.
Manufacturing continued its slump in November. So far this year, factory employment losses have totalled an estimated 98,000, with most of the declines in Quebec and Ontario provinces.
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So far this year, 388,000 jobs were created -- an increase of 2.3 percent, and stronger than the 1.8 percent increase seen over the same period in 2006 -- the government agency said in a statement.
But, as more people entered the labour force in November, the unemployment rate still moved up 0.1 of a percentage point to 5.9 percent, it said.
The new jobs boosted the country's employment rate to a record high of 63.8 percent.
According to the most recent international data available, Canada's employment rate was higher than that of the United States and most European countries in the second quarter of 2007.
Among European countries, only Denmark, the Netherlands and Sweden had higher rates of employment.
Four industries recorded employment gains in November: transportation and warehousing; business, building and other support services; educational services; and natural resources.
Gains were concentrated among men aged 25 to 54 years.
Manufacturing continued its slump in November. So far this year, factory employment losses have totalled an estimated 98,000, with most of the declines in Quebec and Ontario provinces.
Visit DiversityJobs.com for information on Diversity in the workplace
Labels: Canada, employment
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