November 11 2013 - Statistics Canada reported that employment was little changed in October and
the unemployment rate remained at 6.9%. Employment is up by 214,000 compared with a year ago spread across
full-time and part-time jobs. Quebec, Newfoundland and Labrador and in Prince Edward Island gained in employment, while it declined in
Nova Scotia, Manitoba and New Brunswick.
Seasonally adjusted, unemployment rates vary from 11.0% (Newfoundland and Labrador) to 3.6% (Saskatchewan).
Rates for all the provinces were (previous month in brackets):
- Newfoundland and Labrador 11.0% (10.4%)
- Prince Edward Island 10.7% (11.0%)
- Nova Scotia 9.1% (8.6%)
- New Brunswick 10.1% (10.7%)
- Quebec 7.5% (7.6%)
- Ontario 7.4% (7.3%)
- Manitoba 5.5% (5.5%)
- Saskatchewan 3.6% (4.3%)
- Alberta 4.4% (4.3%)
- British Columbia 6.5% (6.7%)
Ken Georgetti, Canadian Labour Congress President, commented:
"We have a problem with persistent and high unemployment but the Finance Minister insists that we have to pursue austerity and
cutbacks. This is causing untold hardship to individuals and families and it also means that our economy is producing at far below its potential."
Canadian Labour Congress Senior Economist Angella MacEwen provided a quick analysis:
"There was literally no change in the number of unemployed or the unemployment rate in October. The small gain of 13,200 jobs exactly
matched the growth in the labour force, leaving the unemployment rate at 6.9%. Most of the jobs gains in October were in the public sector, driven
by the health care sector. The youth unemployment rate rose to 13.4% as more young people entered the job market.
"Looking at a longer term change in industrial sectors, manufacturing has lost over 50,000 jobs since October 2009, and construction has gained over 150,000 during the same time period. The largest job gains over this period have been in health care and social assistance, with the addition of nearly 240,000 jobs.
"While the unemployment rate stays at 6.9%, a broader measure of unemployment shows more weakness in the labour market. The under-utilization rate has been rising. That measure includes people working part time on an involuntary basis and those who have given up the search for work. In the three Octobers prior to 2009, labour under-utilization measured an average of 11%, and it rose to 14.5% in October 2009 (not seasonally adjusted). For the past three Octobers, this measure has been at or near 13%, recovering less than half of the losses from the recession. There remains significant room for fiscal stimulus to improve labour market conditions.
"The unemployment rate for newcomers with landed immigrant status is 8%, which is higher than the average rate. Persons who have received landed immigrant status more recently -- within the past five years -- have an even higher unemployment rate at 11.2%. The unemployment rate for young workers born in Canada was 12.5% , compared to 17.4% for young workers who have been granted landed immigrant status."