Employment in Canada Rose by 10,000 Jobs
According to a Labor Force Survey, the total number of employed persons in Canada rose to 10,000, i.e., 0.4 percent in November 2022. In this latest Survey report, various employment-related trends revealed vast improvement in gender participation in employment across Canada.
Let’s find out more about the report and how the employment scenario has been in Canada in November 2022.
Labour Force Survey (LFS) - November 2022
- Canada’s national employment participation rate reached up to 64.8 % in November.
- Employment increased by 0.4 % among women between 25- and 54-years age group, comprising foreign workers in the core working age group.
- Industrial sectors like insurance, rental and leasing, finance, and real estate had a rise in employment by 21,000 workers in November
- Year-over-year upsurge in the average hourly wages of employees persisted above 5 percent for a 6th successive month in November, up 5.6% (+$1.71 to $32.11) compare to November 2021 (not seasonally adjusted).
- In the month of November, over 1 in 10 (11.2%) workers are working in the retail trade industry (not seasonally adjusted).
With a significant employment growth for six consecutive months up to November 2022, it is expected that the newcomers arriving in Canada will have more job opportunities and more earning capacity.2022-12-15