Unemployment rate dropped to 6 percent in Canada

Unemployment rate fell to a new pandemic low in November 2021.  The unemployment levels in Canada shrank to six percent in the stellar month from 6.7 percent in October. As per the recent update, Canada added 154,000 more jobs in November, which led to a drop in the unemployment rate. According to the labor market survey, every province in Canada has seen employment rise in November 2021.

Province	Employment rate increased by
Ontario	+0.90%
Quebec	+1.10%
Alberta	+0.70%
Newfoundland and Labrador	+4.10%
Nova Scotia	+0.80%
Prince Edward Island	+3.60%
British Columbia	+0.20%

  Employment rate was up in the following provinces in Canada:

• Ontario
• Quebec
• Alberta
• Newfoundland and Labrador
• Nova Scotia
• Prince Edward Island

A little change was observed in the below list of provinces in Canada:

• British Columbia
• Manitoba
• Saskatchewan
• New Brunswick

The employment levels were all-time high by 80.7 percent among women having 25 to 54 years after adding 66,000 more jobs.

Y-Axis assist you in… If you are looking for jobs in Canada or looking to set up business operations by investing in Canada, talk to Y-Axis right now. Our overseas jobs team will assist you in job search, resume preparation, linked-in marketing, etc., to get a job in the preferred location and the related occupation.

The unemployment rate has fallen for the sixth consecutive month with 0.7 percent, recorded as the largest since March 2021. Figures show 1.24 million were unemployed in November, a decline of 8.9 percent but still nearly 100,000 higher than the pre-pandemic level in February 2020. The country observed a remarkable decrease in long-term unemployment, with 23.4 percent. Highlights  of Canadian Labor Force Survey

Highlights	Survey results
Unemployment rate (%)	6
Employment rate (%)	61.4
Labor force participation rate (%)	65.3
Number unemployed	1,243,800
Number working	19,316,100
Youth (15-24) unemployment rate (%)	10.5
Men (over 25) unemployment rate (%)	5.5
Women (over 25) unemployment rate (%)	5.1

  Unemployment rates in all the provinces in Canada The unemployment rates and the figures of jobs change for ten provinces are listed below:

List of Canada's Provinces	Jobs change in last month	Unemployment rate (%)
British Columbia	4,600	5.6
Alberta	15,400	7.6
Saskatchewan	1,400	5.2
Manitoba	1,900	5.1
Ontario	68,100	6.4
Quebec	45,500	4.5
New Brunswick	1,000	8.5
Nova Scotia	3,700	8.1
Prince Edward Island	2,900	8
Newfoundland & Labrador	9,100	10.4
Canada	153,700	6

  Among these, Ontario stood top as its employment rate rose by 68,000 jobs, continuously for the sixth month in a row. On the whole, the province has added 421,000 jobs since May 2021. Occupations in demand in Canada The jobs highly in demand in Canada were from the following sectors:

• Health Care sector
• Retail Trade sector
• Construction
• Finance and Insurance Sector
• Real Estate industry
• Rental and Leasing Sectors

If you are willing to migrate to Canada along with PR visa, contact Y-Axis, World’s No.1 Immigration & Visa Company. If you found this blog engaging, you may also like … Hurry up! Last date to apply for Canada PGP Applications