Our friends from Stats Canada announced on Friday a slowly improving picture in terms of jobs in Canada for November. The trend for this year has been slow and steady growth for jobs, which is much better than job loss, but, employment levels are still much lower (as a percentage) than before 2008 (will we ever get back to those numbers is the question, I suppose).
Unemployment held true at 6.9% as well.
Stats Canada did have a telling comment:
So far this year, employment growth has averaged 13,400 per month, compared with an average of 25,400 over the same period in 2012.
So the economy is not creating jobs as well as it did last year? That’s not very encouraging.
Also job creation is working better for those over 25, than those under 25 (not a good thing either).
The Big Table
I include the big table showing the job situation by age group, look at the others, they are all very interesting.
Labour force characteristics by age and sex – Seasonally adjusted
October |
November |
Std error1 |
Oct to |
Nov 2012 |
Oct to |
Nov 2012 |
|
thousands (except rates) |
change in thousands |
% change |
|||||
Both sexes, 15 years and over | |||||||
Population |
28,791.6 |
28,816.7 |
… |
25.1 |
373.8 |
0.1 |
1.3 |
Labour force |
19,118.9 |
19,131.3 |
29.2 |
12.4 |
130.9 |
0.1 |
0.7 |
Employment |
17,793.9 |
17,815.5 |
28.9 |
21.6 |
179.1 |
0.1 |
1.0 |
Full-time |
14,437.8 |
14,439.2 |
39.0 |
1.4 |
111.4 |
0.0 |
0.8 |
Part-time |
3,356.2 |
3,376.2 |
35.7 |
20.0 |
67.6 |
0.6 |
2.0 |
Unemployment |
1,325.0 |
1,315.8 |
25.1 |
-9.2 |
-48.3 |
-0.7 |
-3.5 |
Participation rate |
66.4 |
66.4 |
0.1 |
0.0 |
-0.4 |
… |
… |
Unemployment rate |
6.9 |
6.9 |
0.1 |
0.0 |
-0.3 |
… |
… |
Employment rate |
61.8 |
61.8 |
0.1 |
0.0 |
-0.2 |
… |
… |
Part-time rate |
18.9 |
19.0 |
0.2 |
0.1 |
0.2 |
… |
… |
Youths, 15 to 24 years | |||||||
Population |
4,445.0 |
4,442.1 |
… |
-2.9 |
-14.4 |
-0.1 |
-0.3 |
Labour force |
2,840.2 |
2,809.4 |
17.3 |
-30.8 |
-23.7 |
-1.1 |
-0.8 |
Employment |
2,459.9 |
2,433.5 |
15.8 |
-26.4 |
-1.8 |
-1.1 |
-0.1 |
Full-time |
1,284.7 |
1,274.1 |
18.6 |
-10.6 |
-3.2 |
-0.8 |
-0.3 |
Part-time |
1,175.2 |
1,159.5 |
19.5 |
-15.7 |
1.5 |
-1.3 |
0.1 |
Unemployment |
380.3 |
375.9 |
14.9 |
-4.4 |
-21.9 |
-1.2 |
-5.5 |
Participation rate |
63.9 |
63.2 |
0.4 |
-0.7 |
-0.4 |
… |
… |
Unemployment rate |
13.4 |
13.4 |
0.5 |
0.0 |
-0.6 |
… |
… |
Employment rate |
55.3 |
54.8 |
0.4 |
-0.5 |
0.2 |
… |
… |
Part-time rate |
47.8 |
47.6 |
0.7 |
-0.2 |
0.0 |
… |
… |
Men, 25 years and over | |||||||
Population |
11,921.5 |
11,936.1 |
… |
14.6 |
195.5 |
0.1 |
1.7 |
Labour force |
8,627.1 |
8,647.9 |
15.1 |
20.8 |
89.0 |
0.2 |
1.0 |
Employment |
8,083.8 |
8,112.7 |
16.3 |
28.9 |
90.6 |
0.4 |
1.1 |
Full-time |
7,460.4 |
7,474.7 |
22.0 |
14.3 |
63.8 |
0.2 |
0.9 |
Part-time |
623.4 |
638.0 |
17.7 |
14.6 |
26.8 |
2.3 |
4.4 |
Unemployment |
543.4 |
535.2 |
14.5 |
-8.2 |
-1.6 |
-1.5 |
-0.3 |
Participation rate |
72.4 |
72.5 |
0.1 |
0.1 |
-0.4 |
… |
… |
Unemployment rate |
6.3 |
6.2 |
0.2 |
-0.1 |
-0.1 |
… |
… |
Employment rate |
67.8 |
68.0 |
0.1 |
0.2 |
-0.3 |
… |
… |
Part-time rate |
7.7 |
7.9 |
0.2 |
0.2 |
0.3 |
… |
… |
Women, 25 years and over | |||||||
Population |
12,425.1 |
12,438.5 |
… |
13.4 |
192.7 |
0.1 |
1.6 |
Labour force |
7,651.6 |
7,674.0 |
16.6 |
22.4 |
65.5 |
0.3 |
0.9 |
Employment |
7,250.3 |
7,269.2 |
16.5 |
18.9 |
90.2 |
0.3 |
1.3 |
Full-time |
5,692.7 |
5,690.5 |
25.4 |
-2.2 |
50.9 |
0.0 |
0.9 |
Part-time |
1,557.6 |
1,578.8 |
23.8 |
21.2 |
39.4 |
1.4 |
2.6 |
Unemployment |
401.3 |
404.8 |
13.4 |
3.5 |
-24.7 |
0.9 |
-5.8 |
Participation rate |
61.6 |
61.7 |
0.1 |
0.1 |
-0.4 |
… |
… |
Unemployment rate |
5.2 |
5.3 |
0.2 |
0.1 |
-0.3 |
… |
… |
Employment rate |
58.4 |
58.4 |
0.1 |
0.0 |
-0.2 |
… |
… |
Part-time rate |
21.5 |
21.7 |
0.3 |
0.2 |
0.3 |
… |
… |
…
not applicable
1. Average standard error for change in two consecutive months. See “Sampling variability of estimates” in the section “About the Labour Force Survey” at the end of the publication Labour Force Information (Catalogue number71-001-X) for further explanations.
Note(s):Â
Related CANSIM table 282-0087. The sum of individual categories may not always add up to the total as a result of rounding.