Help & Contact: 1 866 953 4769
Last updated: May 11 2011
Job Numbers Up Overall, but Not Everywhere
Job numbers were on the upswing in Canada in April, according to the most recent Labour Force Survey by Statistics Canada. More employment was created last month in the areas of finance, insurance, real estate and leasing, business building and other support services. Overall, jobs numbers have increased 1.7% nationally since April, 2010 and unemployment is down slightly to 7.6%. Full-time employment is now back to October, 2008 levels for the first time since the recession.
The good news is spread unevenly across the country, however. Part-time jobs in Ontario rose, driving the unemployment rate down to 7.9% with a 12 month employment gain of 2.4%. Newfoundland and Labrador saw increases in employment as well with its April unemployment rate dropping to 11.1% following a 12 month employment gain of 6.9% - the highest in Canada. Nova Scotia and Manitoba lost jobs in April.
Data for tables from: Labour Force Characteristics by Province Tables 3 and 4
Statistics Canada, April, 2011
It is interesting to note that women age 55 and over benefitted from new jobs more than anyone in April, with an increase in employment of 7.9%. It will be interesting to see if the upward trend in employment in general continues, as some of April's job gains are due to temporary hiring for the election and census.
ADDITIONAL EDUCATIONAL RESOURCES: Master Your Real Wealth
About
Our Story Meet the President Meet Our Team Join Our Faculty Meet Our Students Virtual Campus Upskill Solutions FAQs | Academic Policies
© 2003–2025 Knowledge Bureau. All rights reserved.
The RWM™, MFA™, MFA-P™, DMA™, DFA-Tax Services Specialist™, DFA-Bookkeeping Services Specialist™, the Society of Real Wealth Managers™ & all its certificate/diploma programs are intellectual properties/certification/trademarks owned by Knowledge Bureau™