Canada's Workforce Expands in November
The proportion of working-age Canadians holding jobs climbed 0.1 percentage points to reach 60.9 percent, according to the federal statistical authority. Simultaneously, joblessness declined 0.4 percentage points to settle at 6.5 percent, Statistics Canada announced.
Sectoral analysis revealed diverging trends across industries, the agency noted. Healthcare and social assistance sectors experienced workforce expansion, alongside gains in accommodation and food services industries and natural resources operations. Conversely, wholesale and retail trade sectors shed positions during the same period.
Worker confidence showed signs of erosion despite employment gains. Last month's data indicated 73.6 percent of employees perceived their positions as stable. Yet this figure represents a 4.1 percentage point decline from November 2023, when comparable measurements were last conducted, the agency stated.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
