A masked worker walks behind a hiring sign on his way into the Dover Cliffs long term care home in Port Dover, Ont., Friday, Nov. 13, 2020. Statistics Canada will say this morning how Canada’s job market fared last month as COVID-19 case counts rose along with a new round of public health restrictions. THE CANADIAN PRESS/Frank Gunn

A masked worker walks behind a hiring sign on his way into the Dover Cliffs long term care home in Port Dover, Ont., Friday, Nov. 13, 2020. Statistics Canada will say this morning how Canada’s job market fared last month as COVID-19 case counts rose along with a new round of public health restrictions. THE CANADIAN PRESS/Frank Gunn

Pace of job gains slows to 62,000 in November, Statistics Canada says

The unemployment rate fell to 8.5 per cent compared with 8.9 per cent in October

The rate of job growth continued to slow in November with the economy adding 62,000 jobs, down from 84,000 in October.

The gains were mostly focused in full-time work with a gain of 99,000 jobs, offset somewhat by a decline in part-time work of 37,000 positions, Statistics Canada reported Friday.

The average economist estimate had been for a gain of 20,000 jobs and an unchanged unemployment rate, according to financial data firm Refinitiv.

The gains in November left the country 574,000 jobs short of recouping the approximately three million jobs lost from lockdowns in March and April that sent the unemployment rate skyrocketing to 13.7 per cent in May.

The unemployment rate fell to 8.5 per cent compared with 8.9 per cent in October.

The unemployment rate would have been 10.9 per cent in November, StatCan said, had it included in calculations Canadians who wanted to work last month but didn’t search for a job.

The agency said 1.5 million people searched for jobs in November, a small drop of 39,000 from October, but still more than 448,000 or so who were looking for work in February, pre-pandemic.

The report noted that job searchers made up an increasing share of the total number of unemployed.

The youth unemployment rate fell 1.4 per cent to 17.4 per cent with a gain of about 20,000 jobs for the age group, mostly concentrated among young men with little change to the employment situation for women age 15 to 24.

Similarly, employment among women 25 to 54 years old didn’t change much in November after six straight months of seeing their numbers rise.

Positions in the hard-hit accommodation and food services sector declined for the second consecutive month, shedding 24,000 jobs in November.

That figure doesn’t take into account renewed restrictions in areas like Toronto that kicked in later in the month.

“As a result, it’s likely that COVID will catch up with the Canadian economy in the December data, with a decline expected in both employment and overall economic activity,” notes CIBC senior economist Royce Mendes.

Overall, the pace of job gains has slowed, with employment rising by 0.3 per cent in November compared to an average of 2.7 per cent per month between May and September.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Minister of Immigration, Refugees and Citizenship Marco Mendicino holds a press conference in Ottawa on Thursday, Nov. 12, 2020. The federal government is moving forward on efforts to help citizens of Hong Kong remain in Canada rather than have to return. THE CANADIAN PRESS/Sean Kilpatrick
Painful Truth: Canada’s immigration hopes may not be enough in post-COVID world

In a world of declining birth rates and rising wealth, where do new Canadians come from?

An agreement between the City and the Langley Lions Housing Society would set out income and age requirements for the new Birch replacement building (Langley City image)
Langley Lions housing project gets go-ahead from City council

An eight-storey structure will replace the fire-gutted original Birch building

A horse and driver cruise around the track at Fraser Downs in Cloverdale Sept. 14, 2020 amid smoke from U.S. forest fires. Harness Racing B.C. announced it’s halting the spring season two weeks early because of a lack of money and says racing won’t continue in September without and influx of cash. (Photo: Malin Jordan)
Harness racing suspended at Fraser Downs

Spring season ends early, 135 workers out of jobs

B.C.’s Court of Appeal in Vancouver. (Black Press Media files)
‘Stereotypes’ not an issue in Langley sex assault ruling, Court of Appeal says

The Court of Appeal upheld a conviction in two attacks on a 17-year-old

The Langley School District issues COVID-19 notifications when cases are discovered at local public school. Fraser Health handles contact tracing and all medical aspects for all local schools. (Langley Schools)
Two Langley schools added to COVID list

Fraser Health posts the names of public and private schools online when there’s been exposure

Rainbow trouts thrashing with life as they’re about to be transferred to the largest lake of their lives, even though it’s pretty small. These rainbows have a blue tinge because they matched the blue of their hatchery pen, but soon they’ll take on the green-browns of their new home at Lookout Lake. (Zoe Ducklow/News Staff)
VIDEO: B.C. lake stocked with hatchery trout to delight of a seniors fishing club

The Cherish Trout Scouts made plans to come back fishing soon

Since April 4, 38 flights with COVID-19 cases have departed from Vancouver International Airport, while 23 arrived. (Phil McLachlan/Capital News)
Vancouver the largest source of domestic flights with COVID-19 cases: data

This month alone, 38 flights with COVID-19 cases have departed from Vancouver International Airport, while 23 arrived

John Furlong, Own The Podium board chairman and former CEO of the Vancouver Olympics, addresses a Vancouver Board of Trade luncheon in Vancouver, B.C., on Wednesday November 25, 2015.THE CANADIAN PRESS/Darryl Dyck
John Furlong presents 2030 Winter Games vision to Vancouver Board of Trade

Vancouver and Whistler would remain among host sites because of 2010 sport venues still operational

Photo by Metro Creative Connection
New campgrounds coming to B.C. parks as part of $82M provincial boost

This season alone, 185 campsites are being added to provincial parks, says Minister of Environment and Climate Change

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Paper Excellence took over Catalyst Paper operations in B.C. in 2018. (Paper Excellence photo)
Archibald bowl near Chilliwack. (Submitted)
Cheam First Nation ‘shocked’ over all-season mountain resort proposal near Chilliwack

For five years the band has been working on a gondola project of their own

The plane blasted through an airport fence and down a hill, before stopping before a cement barrier on Highway 5A, right in front of a school bus. Photo submitted.
Student pilot crashes plane onto Highway 5A almost hitting school bus

Aircraft hit pavement right in front of school bus

Most Read