Good news if you’re looking for a new career opportunity. Canada’s unemployment rate continued to drop last month. However, those are national numbers. Some regions and sectors are still performing better than others. Here’s a look at where the most jobs are being created right now – and who’s falling behind.
According to the latest Labour Force Survey from Statistics Canada, the Canadian economy added 11,000 jobs in July – with nearly all of the gains being in full-time work. This brings the national unemployment rate down to 6.3 per cent. That is the lowest point is has been since October 2008 – before the labour market crash of the 2008 -2009 recession.
July marks the eighth month is a row of consistent increases in employment. The economy added 43,000 jobs in June, and roughly 50,000 in May. Year-over-year since July 2016, Canada has added 388,000 mostly full-time jobs.
Notably, although there was little change in employment, due to participation shifts, the unemployment rate in New Brunswick fell to 6.5 per cent. This is the lowest level of joblessness in that province since comparable data became available in 1976. Unemployment has been steadily falling in NB throughout 2017.
Ontario and Manitoba saw the bulk of the job creation in July. Employment in Ontario rose by 26,000 jobs in July, bringing that province’s unemployment rate down to 6.1 per cent. Manitoba‘s unemployment rate fell to just 5.0 per cent, the lowest rate among the provinces.
Employment fell in Alberta, Newfoundland and Labrador, and Prince Edward Island. There was little change in the other provinces last month.
Provincial unemployment rates
(Click on the province to view jobs currently available in that region)
- Newfoundland and Labrador 15.7 per cent * Highest in Canada
- Prince Edward Island 10.0
- Nova Scotia 7.9
- New Brunswick 6.5
- Quebec 5.8
- Ontario 6.1
- Manitoba 5.0 * Lowest in Canada
- Saskatchewan 6.6
- Alberta 7.8
- British Columbia 5.3
(Click on the industry to view currently available jobs in that field)
There were big employment gains in the Retail sector in July, with this field adding 22,000 new jobs. Information, culture and recreation and well as the Manufacturing industry also saw solid gains.
Educational services, Public administration, and agriculture saw the biggest job losses.
Monthly job creation (plus year-over-year change)
- Retail +22,000 (+0.8%)
- Information, culture and recreation +18,000 (0.0%)
- Manufacturing +14,000 (+3.1%)
- Transportation and warehousing +8.4% (3.6%)
- Educational services +32,000 (0.0%)
- Public administration -10,000 (+5.3%)
- Agriculture -10,000 (-5.3%)
Other sectors with little month-over-month change in employment
With the steady growth in employment in Canada, now could be a great time to update your resume and land the job that takes your career to the next level. The team here at CareerBeacon has recently launched a new career advice and insights blog to help you prepare every step of the way.