Canada has recorded the lowest unemployment rate of 5.2 percent during April month.
According to the Canada Labor Force survey, statistics have been released stating that there has been a massive increase in the unemployment rate in the last two months.
Among all the provinces in Canada, Quebec had a massive fall in unemployment of 3.9 percent, and it is the lowest of all provinces. This indicates that the French-speaking province has a huge requirement in the labor markets. The employment rate for Canada in April was 61.9 percent.
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The unemployment rate for people between the ages of 25 -54 years has fallen to 4.3 percent, recorded as the lowest since 1976. The Employment rate for the young people between the ages 15 – 24 and for the Older aged people with age 55 years has been steady with no increment or decrement for April.
Women in the age group, 15-54 years of age, have a rise by 43000 jobs whereas there has been a decrease of 36000 in recruiting men.
|Categories||In percentage (%)|
|Number of working people||19,600,500|
|Number of unemployed people||1,085,800|
|Labour force rate||65.3|
|Women’s unemployment rate over 25 years of age||4.5|
|Men’s unemployment rate over 25 years of age||4.5|
|Youth unemployment rate between 15 years to 25 years of age||10.1|
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Jobs in Canada provinces
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The Canadian provinces and their unemployment rates
|Name of the provinces||Jobs that changed in April month||Rate of Unemployment in percentage|
|Newfoundland & Labrador||2,500||10.8|
|Prince Edward Island||-200||8.1|
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Jobs in Canada by industry
There was a massive requirement for jobs for scientific, professional, and technical services during April. These industries initially had 15,000 jobs, which has increased to 121,000 jobs in the last year. This increased rate is 7.3 percent, becoming the biggest number in overall employment growth.
The public administration sector has also added 17,000 jobs for the second consecutive month, especially Quebec province. Other industries are also seeing an increase in employment in Federal, Territorial, provincial, local, and few Indigenous governments. Also, Courts and protective services are seeing a mild fall in unemployment.
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