Wednesday, December 14, 2011

Canadian Employment rate november 2011

World Economic outlook - Canadian Employment  rate november 2011 : Canadian employers continued to trim payrolls in November, driving the nation's unemployment rate up 0.1% to 7.4%, official data showed Friday.

Following a notable decrease the previous month, employment edged down 19,000 in November, wholly on a decrease in part-time positions, Statistics Canada said. Economists expected the economy to generate more than 20,000 jobs.

Jobs were gained in full-time work, following significant layoffs the month before. The decline of 53,000 in part-time work was partially offset by an increase of 35,000 in full-time.

Compared with a year earlier, the number of part-time workers was down 1.9 percent, while full-time employment grew by 2.0 percent. The unemployment rate was

Employment declined in Quebec and Saskatchewan in November, while it increased in Nova Scotia. There was little change in the other provinces.

in the service sector declined in November, with decreases in retail, wholesale trade building. Despite the decline in November, employment in the service sector rose by 1.3% over the past 12 months, led by accommodation and food service.

Manufacturing employment declined for a third straight month in November, albeit at a much slower pace than in the previous two months.

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