Posted November 05, 2018 08:05:20 The number of people employed in Canada’s largest cities rose to 2.1 million in November from 2.0 million a year earlier, according to Statistics Canada.
The number is down from 3.9 million a month earlier.
On a seasonally adjusted basis, the national unemployment rate rose to 6.9 per cent in November, down from 7.4 per cent a year ago.
“The economy is strong, jobs are plentiful, and Canada remains a very good place to live,” said John McCallum, president of the Canadian Federation of Independent Business.
Unemployment is at 5.6 per cent. “
And the numbers are getting better and better, but the jobless rate continues to be the highest in Canada.”
Unemployment is at 5.6 per cent.
The unemployment rate in Winnipeg has increased to 6 per cent, up from 6.4 in the month before the fall.
In Toronto, it’s down to 6,788, up 10,000 from 6,800 a year before.
In Montreal, the rate is down to 5.8 per cent from 6 per a month before.
But in Vancouver, where the economy is growing faster than in most other parts of Canada, it is now 8.2 per cent compared to 8 per cent at the same time a year previously.
And it’s up from 8 per per cent two years ago.
The labour market is also showing signs of recovery, with the number of jobs created in October up 3,400 from a year prior.
The numbers will be released Tuesday.
The average hourly earnings for full-time workers in November were $31.50, up 5 cents from the same month a year previous.
The employment rate was 5.9.
The Canadian economy grew by 0.1 per cent last month, the fastest rate in three years.
It’s the biggest rate since February 2000.
But the unemployment rate is still high, with 3.4 million people out of work.
The federal government said unemployment dropped to 7.5 per cent for the first time since January 2018.
The rate was 7.1 in January 2018 and was 8.1 last year.
With files from The Canadian Press, National Post staff