Canada Reaches A Record Low Unemployment Rate In November

December 11, 2018
In the monthly Labor Force Survey conducted by Statistics Canada, the unemployment rate in the country reached a record low level in November. It was 5.6 percent in and 19 million people were employed.

Canada Reaches A Record Low Unemployment Rate In November

The Unemployment rate is calculated as the percentage of the number of unemployed people prevalent in the labour force. The unemployment rate of 5.6 percent is the lowest figure since 1976 when the computation of comparable data began. In November after Comparison to the previous month, the number of employed persons increased by 0.5 percent.

Notable decrease in six provinces

The biggest slump in the unemployment rate was in the Quebec and Alberta provinces. In Quebec, it was 5.4 percent during the month, and 26000 persons gained employment. The augmentation in the unemployment rate came in technical, professional, scientific and educational services. In Alberta, the increase was by 24000, in British Columbia it was by 16,000 and in Ontario, it was by 20,000 people. Moreover, British Columbia has a low unemployment rate of 4.4 percent. In Saskatchewan the increase in employment by 5500 and in Manitoba it was by 2600.

Need for more immigrants

Furthermore, in the industries, there was a big increase in employment in scientific, professional, and technical services at 26,000. The other sectors worth a mention are social assistance and healthcare. Finally, today Canada needs skilled overseas workers for filling many job vacancies. The need is greater in provinces having a small population. All the aspirants of immigration to Canada can also start the application process now. Contact us for more information, queries and guidance on issues related to immigration and application process.

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