Here are the highlights of Statistics Canada’s latest Labour Force Survey (November 2022) »
Employment was little changed (+10,000) in November, and the unemployment rate declined by 0.1 percentage points to 5.1%.
Employment was up among women in the core working ages of 25 to 54, and declined among young men aged 15 to 24. It was little changed among the other main demographic groups. The employment rate among core-aged women reached a new record high of 81.6% in November.
Employment rose in finance, insurance, real estate, rental and leasing; manufacturing; as well as in information, culture, and recreation. At the same time, it fell in several industries, including construction and wholesale and retail trade.
While employment increased in Quebec, it declined in five provinces, including Alberta and British Columbia.
Year-over-year growth in the average hourly wages of employees remained above 5% for a sixth consecutive month in November, up 5.6% (+$1.71 to $32.11) compared with November 2021 (not seasonally adjusted).
After increasing 0.7% in October, total hours worked were little changed in November. Compared with 12 months earlier, total hours worked were up 1.8%.
In November 2022, more than 1 in 10 (11.2%) workers were employed in the retail trade industry (not seasonally adjusted).
One-third (33.5%) of workers aged 25 to 54 in Canada engaged in some form of training outside of the formal education system over the last 12 months, by participating in courses, seminars, conferences, or private lessons (not seasonally adjusted).