Employment figures rise by 55,000 in December

Gains in full-time jobs led by men aged 25 to 54, unemployment rate remains unchanged

Employment figures rise by 55,000 in December

Employment rose by 55,000 (0.3 per cent) in December, while the unemployment rate was little changed at 5.9 per cent, according to Statistics Canada.

That compares to gains of 154,000 in November and 31,000 in October.

Full-time employment rose by 123,000 (0.8 per cent) in December, with most of the increase among men of core working age (up 95,000 or 1.6 per cent). The number of people working part-time declined (down 68,000 or 1.9 per cent).

The number of Canadian workers planning to look for a new job in 2022 is increasing. Currently, 28 per cent say they plan to look for a new job in the first half of next year, up from 21 per cent six months ago, according to a survey by Robert Half.

In December, employment increased in Ontario and Saskatchewan, while it declined in Newfoundland and Labrador. There was little change in all other provinces.

Employment in Ontario rose for the seventh consecutive month (up 47,000 or 0.6 per cent) and employment rose in Saskatchewan by 6,000 or 1.1 pe cent, the first notable increase since September.

Highlights of the December survey:

  • Among men aged 25 to 54, employment increased by 63,000 (one per cent), making it 162,000 (2.5 per cent) higher than in February 2020.
  • Although little changed in December, employment for core-aged women has also trended upward since June and was 130,000 (2.2 per cent) above its pre-pandemic level in December.
  • Public sector employment rose by 32,000 (0.8 per cent), while there was little change in the number of private sector employees.
  • Average hourly wages increased 2.7 per cent ($0.80) on a year-over-year basis.

Canada also saw a rise of 157,000 (or 0.8 per cent) in September, and gains in August and July, when employment rose by 90,000 and 94,000, respectively

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