📈 Canadian Labour Market Recap – December 2024 December’s labour market data shows progress but with mixed signals. Here are the key points: ➡️ Employment Growth: 90,900 jobs were added, predominantly full-time, marking the highest increase in nearly 2 years. ➡️ Unemployment Rate: Dropped to 6.7%, reflecting improved conditions. ➡️ Sector Highlights: Job gains in Manufacturing, Educational Services, and Transportation. Other sectors saw minimal changes. ➡️ Wage Growth: Average hourly wages for permanent employees rose by 3.7% YOY, a slight slowdown from previous months. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada: https://ow.ly/Kmre50UI509 TD Economics: https://ow.ly/le7b50UI506 Reuters: https://ow.ly/whfH50UI50a #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – December 2024 December’s labour market data shows progress but with mixed signals. Here are the key points: ➡️ Employment Growth: 90,900 jobs were added, predominantly full-time, marking the highest increase in nearly 2 years. ➡️ Unemployment Rate: Dropped to 6.7%, reflecting improved conditions. ➡️ Sector Highlights: Job gains in Manufacturing, Educational Services, and Transportation. Other sectors saw minimal changes. ➡️ Wage Growth: Average hourly wages for permanent employees rose by 3.7% YOY, a slight slowdown from previous months. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada TD Economics Employment Reuters #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – December 2024 December’s labour market data shows progress but with mixed signals. Here are the key points: ➡️ Employment Growth: 90,900 jobs were added, predominantly full-time, marking the highest increase in nearly 2 years. ➡️ Unemployment Rate: Dropped to 6.7%, reflecting improved conditions. ➡️ Sector Highlights: Job gains in Manufacturing, Educational Services, and Transportation. Other sectors saw minimal changes. ➡️ Wage Growth: Average hourly wages for permanent employees rose by 3.7% YOY, a slight slowdown from previous months. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada TD Economics Employment Reuters #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – December 2024 December’s labour market data shows progress but with mixed signals. Here are the key points: ➡️ Employment Growth: 90,900 jobs were added, predominantly full-time, marking the highest increase in nearly 2 years. ➡️ Unemployment Rate: Dropped to 6.7%, reflecting improved conditions. ➡️ Sector Highlights: Job gains in Manufacturing, Educational Services, and Transportation. Other sectors saw minimal changes. ➡️ Wage Growth: Average hourly wages for permanent employees rose by 3.7% YOY, a slight slowdown from previous months. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada TD Economics Employment Reuters #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – September 2024 September's labour market data indicates a modest recovery: ➡️ Employment Growth: 47,000 new jobs added, primarily in full-time positions. ➡️ Sector Highlights: The private sector added 61,000 jobs, marking the second consecutive month of growth. The public sector decreased by 24,000 jobs. ➡️ Wage Growth: Average hourly wages rose 4.6% year-over-year, reaching $35.59. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada: https://ow.ly/Nayt50U8gQ3 TD Economics: https://ow.ly/E33h50U8gQ7 #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – November 2024 November's labour market data presents a complex picture: ➡️ Employment Change: The economy added 50,500 jobs, surpassing expectations of 25,000. ➡️ Unemployment Rate: Despite job gains, the unemployment rate rose to 6.8%, the highest since January 2017 (excluding pandemic years), due to an influx of job seekers. ➡️ Sector Highlights: Public sector employment grew by 45,000 (+1.0%), while private sector jobs showed little change after 99,000 gains over the past two months. Self-employment remained stable. ➡️ Wage Growth: Average hourly wages for permanent employees rose by 3.9% YOY, down from 4.9% in October, marking the slowest growth since June 2023. ➡️ Labour Force Participation: The participation rate increased by 0.3 percentage points to 65.1%, offsetting declines from September and October. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada: https://ow.ly/e78G30sIKtn TD Economics: https://ow.ly/thOi30sICaa Reuters: https://ow.ly/YZit30sICab #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – November 2024 November's labour market data presents a complex picture: ➡️ Employment Change: The economy added 50,500 jobs, surpassing expectations of 25,000. ➡️ Unemployment Rate: Despite job gains, the unemployment rate rose to 6.8%, the highest since January 2017 (excluding pandemic years), due to an influx of job seekers. ➡️ Sector Highlights: Public sector employment grew by 45,000 (+1.0%), while private sector jobs showed little change after 99,000 gains over the past two months. Self-employment remained stable. ➡️ Wage Growth: Average hourly wages for permanent employees rose by 3.9% YOY, down from 4.9% in October, marking the slowest growth since June 2023. ➡️ Labour Force Participation: The participation rate increased by 0.3 percentage points to 65.1%, offsetting declines from September and October. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada: https://ow.ly/P2r650UsJ6P TD Economics: https://ow.ly/l8OO50UsJ6S Reuters: https://ow.ly/YZRa50UsJ6R #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – October 2024 October's labour market data presents a nuanced picture: ➡️ Employment Growth: Canada added 14,500 jobs, falling short of the expected 25,000. ➡️ Unemployment Rate: Remained at 6.5%, close to a 34-month high. ➡️ Sector Highlights: Full-time employment increased by 25,600 positions. Part-time employment decreased by 11,200 positions. The private sector saw a little change following two months of growth, totalling 99,000 jobs. ➡️ Wage Growth: Average hourly wages for permanent employees rose 4.9% year-over-year. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada: https://ow.ly/ahs550U8gaP TD Economics: https://ow.ly/7TuJ50U8gaB Reuters: https://ow.ly/PpJM50U8gaI #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – October 2024 October's labour market data presents a nuanced picture: ➡️ Employment Growth: Canada added 14,500 jobs, falling short of the expected 25,000. ➡️ Unemployment Rate: Remained at 6.5%, close to a 34-month high. ➡️ Sector Highlights: Full-time employment increased by 25,600 positions. Part-time employment decreased by 11,200 positions. The private sector saw a little change following two months of growth, totalling 99,000 jobs. ➡️ Wage Growth: Average hourly wages for permanent employees rose 4.9% year-over-year. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada: https://ow.ly/JUVA30sI78e TD Economics: https://ow.ly/G63c30sHZzz Reuters: https://ow.ly/Kpjx30sHZzA #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – November 2024 November's labour market data presents a complex picture: ➡️ Employment Change: The economy added 50,500 jobs, surpassing expectations of 25,000. ➡️ Unemployment Rate: Despite job gains, the unemployment rate rose to 6.8%, the highest since January 2017 (excluding pandemic years), due to an influx of job seekers. ➡️ Sector Highlights: Public sector employment grew by 45,000 (+1.0%), while private sector jobs showed little change after 99,000 gains over the past two months. Self-employment remained stable. ➡️ Wage Growth: Average hourly wages for permanent employees rose by 3.9% YOY, down from 4.9% in October, marking the slowest growth since June 2023. ➡️ Labour Force Participation: The participation rate increased by 0.3 percentage points to 65.1%, offsetting declines from September and October. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada: https://ow.ly/UPmP30sIK3N TD Economics: https://ow.ly/thOi30sICaa Reuters: https://ow.ly/YZit30sICab #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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📈 Canadian Labour Market Recap – October 2024 October's labour market data presents a nuanced picture: ➡️ Employment Growth: Canada added 14,500 jobs, falling short of the expected 25,000. ➡️ Unemployment Rate: Remained at 6.5%, close to a 34-month high. ➡️ Sector Highlights: Full-time employment increased by 25,600 positions. Part-time employment decreased by 11,200 positions. The private sector saw a little change following two months of growth, totalling 99,000 jobs. ➡️ Wage Growth: Average hourly wages for permanent employees rose 4.9% year-over-year. Stay informed with the latest trends to navigate your career or business strategies effectively! 🚀 References: Statistics Canada: https://ow.ly/miu230sI5PO TD Economics: https://ow.ly/G63c30sHZzz Reuters: https://ow.ly/Kpjx30sHZzA #LabourMarket #CanadaJobs #EconomicTrends #JobMarket #EmploymentStats
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