Unemployment charge held regular final month, StatsCan says

Statistics Canada says the whole variety of jobs in December was nearly unchanged for the month because the unemployment charge held regular at 5.8 per cent.

The company says the financial system added a complete of 100 jobs for the closing month of the yr.

The consequence got here because the variety of full-time jobs fell by 23,500 in December, offset by a acquire of 23,600 part-time positions within the month.

The variety of jobs within the skilled, scientific and technical providers sector rose by 45,700 within the month, whereas the variety of jobs in well being care and social help climbed by 15,500. 

The wholesale and retail commerce sector misplaced 20,600 jobs in December.

Statistics Canada says general employment progress slowed within the second half of 2023, averaging 23,000 per 30 days in contrast with 48,000 per 30 days within the first six months of the yr. 

In the meantime, Friday’s report from the U.S. Labor Division famous 216,000 jobs have been added final month, exceeding the 173,000 added in November.

The U.S. unemployment charge remained unchanged at 3.7 per cent.

This map reveals the unemployment charge in each Canadian province and the change within the charge in December. (Statistics Canada)

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