June Gains See Canada Add 215,000 Jobs In 12 Months
Canada saw the biggest jobs increase in three months over the course of June, with 32,000 more people finding jobs.
The rise means employment has increased by 215,000 in the last year, according to the latest Statistics Canada figures.
However, more people looking for work meant the Canada unemployment rate grew from 5.8 per cent to 6 per cent during the month.
Ontario, Saskatchewan, and Manitoba were the main movers provincially, with the majority of other provinces holding firm across June.
Demographically, men aged 55 and over saw employment increase by 13,000 to bring 12-month gains to 79,000, or 3.8 per cent.
In the last year, women in the same age-group saw employment rise 73,000, or 4.1 per cent.
The core age-group of 25 to 54 saw little change in June, with the unemployment rate for men holding firm at 5 per cent.
Core-aged women saw the unemployment rate rise to 5.2 per cent with more of them looking for work.
Both men and women in the core group have seen year-on-year increases, by 40,000 and 32,000 jobs respectively.
With more young people looking for work, the unemployment rate in the 15 to 24 age-group rose to 11.7 per cent during June.
What Are The Important Canada Jobs Figures?
|Unemployment rate (%)||6.0|
|Employment rate (%)||61.5|
|Labour force participation rate (%)||65.5|
|Youth (15-24) unemployment rate (%)||11.7|
|Men (over 25) unemployment rate (%)||5.2|
|Women (over 25) unemployment rate (%)||45.0|
Source: Statistics Canada
How Ontario, Saskatchewan and Manitoba Impressed In June
Ontario was the biggest mover on the provincial jobs scene, adding nearly 35,000 jobs in June.
Canada’s largest province has added 157,000 jobs over the last year, an increase of 2.2 per cent.
Unemployment in the province still edged up in June, to 5.9 per cent, as more people were looking for work.
Saskatchewan saw its largest jobs increase since April 2012, adding 8,300 jobs in June.
The province saw its unemployment rate fall by a significant 0.5 percentage points to 6.3 per cent.
What Were The Top Jobs for Canada Express Entry In 2017?
|1||NOC 2171 – Information systems analysts and consultants||5,214|
|2||NOC 2173 – Software engineers||4,782|
|3||NOC 2174 – Computer programmers and interactive media developers||3,479|
|4||NOC 1111 – Financial auditors and accountants||2,386|
|5||NOC 1241 – Administrative assistants||1,969|
|6||NOC 1123 – Professional occupations in advertising, marketing and public relations||1,884|
|7||NOC4 011 – University professors and lecturers||1,830|
|8||NOC 1112 – Financial and investment analysts||1,783|
|9||NOC 1122 – Professional occupations in business management consulting||1,621|
|10||NOC 0124 – Advertising, marketing and public relations managers||1,497|
Manitoba’s unemployment rate also dropped, by 0.4 percentage points, to 6.1 per cent in June. Employment increased by 4,100 across the month.
Alberta had a consolidatory month, adding 2,000 jobs in June with employment up 34,000 on the year.
The oil-rich province is continuing its jobs recovery after the recent slump.
British Columbia lost 8,000 jobs in June, bringing the province’s unemployment rate to 5.2 per cent, still the lowest of all the provinces.
Which Canadian Province Has the Lowest Unemployment?
|Jobs change June||Unemployment rate (%)|
|1) British Columbia||-8,000||5.2|
|7) New Brunswick||1,100||7.5|
|8) Nova Scotia||-1,700||7.9|
|9) Prince Edward Island||400||8.9|
|10) Newfoundland & Labrador||-600||15.5|
Source: Statistics Canada
What Are Canada’s Best Performing Industries?
From an industry perspective, construction performed well in June by adding 27,000 jobs.
The industry now has gains of 44,000, or 3.1 per cent, in the last year, driven by Ontario.
Natural resources employment grew 13,000 in June, with annual gains of 22,000 making it one of the fastest growing industries at 6.8 per cent.
Manufacturing was the other upwards mover, adding 11,000 jobs over the course of the month.
The private sector, public sector and self-employed sector were all little-changed in June.