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

Despite a staff recommendation supporting for what would have been Sidney’s third retail location for recreational cannabis, council signalled its opposition to the application by a vote of 5-2. The proposed store would have been located in the 9700-block on Third Street sharing space with other businesses. (Black Press Media File)
Sidney rejects proposal for third cannabis location in community

Application from Jima Cannabis to open a store in 9700-block of Third Street goes down by 5-2 vote

A digital rendering shows what the new fire hall and residential property will look like at 1025 Johnson St.(Courtesy of City of Victoria)
New Victoria fire hall begins to take shape

Construction of the post-seismic hall expected to be complete by early 2023

Madison soaks up the sunshine with her family at at Langford Lake on April 5. (Dawn Gibson/News Staff)
PHOTOS: Langford residents hit the beach

Environment Canada predicting temperatures into the low 20s this weekend

Victoria police arrested federal offender Travis Moore April 13, who was wanted for breaching the conditions of his statutory release. (Courtesy of VicPD)
Victoria police arrest federal offender following foot chase

Travis Moore, 28, was wanted for breaching the conditions of his statutory release

A screenshot from a Nuu-chah-nulth healing song and performance created in collaboration between Hjalmer Wenstob and Timmy Masso. (Screenshot from YouTube)
WATCH: Tla-o-qui-aht First Nation brothers produce COVID-19 healing song

Hjalmer Wenstob and Timmy Masso share dance and inspiration.

The monster piece of logging equipment pictured is a bull block. In earlier days, the block would be situated at the height of a spar tree in a position to guide the steel cable in the direction which the operator wanted, to move the log being lifted, eventually to be loaded onto a truck. (Sooke Region Museum)
SOOKE HISTORY: Butler brothers bull block logs in at a record size

Steel spars and grapple loaders eventually replaced bull blocks in logging industry

Health Canada headquarters in Ottawa. (Sean Kilpatrick/The Canadian Press)
Health Canada releases guidelines for reducing COVID-19 transmission at home

Improve indoor air quality by opening up your windows and doors, among the encouraged ventilation measures

Flow Academy is not accepting membership applications from anybody who has received a dose of the vaccine, according to a password-protected membership application form. (Submitted image)
B.C. martial arts gym refusing patrons who have been vaccinated, wear masks

Interior Health has already issued a ticket to Flow Academy for non-compliance with public health orders

MP Todd Doherty took to Facebook after his family recently received threats. (Todd Doherty, MP Facebook photo)
‘I don’t run and I don’t hide’: Cariboo MP says RCMP probing threats made against family

Todd Doherty has also notified House of Commons Protective Services

Two men walk past a sign on Main Street in downtown Vancouver, B.C., Monday, April 5, 2021. THE CANADIAN PRESS/Jonathan Hayward
Calls for government transparency in COVID data continue as B.C.’s 3rd wave wears on

Social media, where both information and misinformation can spread like wildfire, has not helped

The music video for “Green and Blue” featured a Willington Care Centre in Burnaby as well as some of the volunteers and employees. (Screenshot/Todd Richard)
‘Green and Blue’: B.C. country musician releases tribute song for front-line workers

Richard’s new single has been viewed more than 3,000 times on his YouTube channel

An unidentified B.C. man said, in a human rights complaint, that he was refused a contract job after refusing to wear a mask when asked to by an on-site manager. (Unsplash)
Religious B.C. man lodges human rights complaint after fired for refusing to wear a mask

Worker’s claim that ‘to cover up our face infringes on our God-given ability to breathe’ dismissed by B.C. Human Rights Tribunal

Most Read