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

(File Photo)
Fernie Heritage Library plans Family Literacy Day events

The Fernie Heritage Library is hosting a number of programs to get kids excited about reading

The City of Fernie's pilot snow plow program is ongoing through the 2020-21 winter season. (Soranne Floarea / The Free Press)
Changes coming to Fernie snow plow efforts

Curb-to-curb plowing will be the most obvious change after the next snowfall in Fernie

Dustin Denham, Colin Standish, Jennifer Sliva, Jennifer King, and Cindy Sleeman rode to the Montane Hut to celebrate Fernie Fatbike Day. (Soranne Floarea/ The Free Press)
First ever Fernie Fatbike Day gets local tires spinning

The FMBC’s inaugural event spread the Fernie fatbike stoke all over local trails on Jan. 16

(File Photo)
Calling all Elkford non-profits: Bursary Program registration is now open

The bursary gives $1,000 to a local non-profit to assist with community-related projects or programs

(File Photo)
Elkford Business Walks to begin in February

Topics of discussion include changes, successes, and the impact of COVID-19 on businesses

A scene from “Canada and the Gulf War: In their own words,” a video by The Memory Project, a program of Historica Canada, is shown in this undated illustration. THE CANADIAN PRESS/HO - Historica Canada
New video marks Canada’s contributions to first Gulf War on 30th anniversary

Veterans Affairs Canada says around 4,500 Canadian military personnel served during the war

Canada released proposed regulations Jan. 2 for the fisheries minister to maintain Canada’s major fish stocks at sustainable levels and recover those at risk. (File photo)
New laws would cement DFO accountability to depleted fish stocks

Three B.C. salmon stocks first in line for priority attention under proposed regulations

Gin, one of the Kantymirs’ two sheep. (Martha Wickett-Salmon Arm Observer)
Sheep start up ATV, sit in cars and go for walks in Salmon Arm

Until they bought two sheep, Ken and Karleen Kantymir didin’t realize just how social the animals are

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

Heather Lucier, a pastor at Kelowna Harvest Fellowship, speaks to an RCMP officer outside of Harvest Ministries on Sunday, Jan. 10. (Michael Rodriguez - Capital News)
Kelowna church fined 2nd time for violating public health order

Harvest Ministries in Kelowna has previously said they will fight the tickets in court

Powell River-Sunshine Coast MLA Nicholas Simons was appointed to the NDP cabinet as minister of social development and poverty reduction after the October 2020 B.C. election. (Hansard TV)
B.C. job training fund increased for developmentally disabled

COVID-19 has affected 1,100 ‘precariously employed’ people

B.C. driver’s licence and identity cards incorporate medical services, but the passport option for land crossings is being phased out. (B.C. government)
B.C. abandons border ID cards built into driver’s licence

$35 option costing ICBC millions as demand dwindles

sdf
2nd in-school violence incident in Mission, B.C, ends in arrest

RCMP notified of local Instagram page with videos (now deleted) showing student assaults, bullying

BC Emergency Health Services has deployed the Major Incident Response Team (MIRRT) as COVID-19 positive cases rise in the Williams Lake region. (Monica Lamb-Yorski photo - Williams Lake Tribune)
B.C.’s rapid response paramedics deployed to Williams Lake as COVID-19 cases climb

BC Emergency Health Services has sent a Major Incident Rapid Response Team to the lakecity

Most Read