Canada\u2019s unemployment rate nudged up again to hit 5.8 per cent in November even though 25,000 more people landed jobs as Canadian population growth continued to outstrip any increases in employment.<\/p>\n
The latest rise in the unemployment rate brings the total increase since April this year to 0.8 per cent.\u00a0<\/span><\/p>\n Although the unemployment rate has trended up for all major age groups, increases have been more pronounced among youth,\u201d reveals Statistics Canada.\u00a0<\/span><\/p>\n \u201cFrom April to November, the unemployment rate increased by two percentage points, to 11.6 per cent, among youth aged 15 to 24. Over the same period, it increased by 0.6 percentage points among people aged 25 to 54, to 4.9 per cent, and by 0.7 percentage points among people aged 55 and older, to 4.6 per cent.\u201d<\/p>\n The tougher times for workers this year are reflected in the growth of the number of people laid off from a previous job in 2023 compared to last year, the November Labour Force Survey<\/i> reveals.<\/p>\n Read More<\/b><\/p>\n Canada Battling Large Backlog Of Permanent Resident Card Applications<\/a> \u201cOf those who were unemployed in November and had worked in the previous year, more than two-thirds, 68.7 per cent, had been laid off from their previous job, compared with 62.6 per cent in November 2022,\u201d notes Canada\u2019s Statistical and Demographic Services Agency.<\/p>\n Immigrants, who are playing an increasingly important role in Canada’s labour market, unfortunately, continue to face barriers when trying to integrate into the workforce, including those with post-secondary credentials or work experience acquired abroad.<\/p>\n \u201cAmong recent immigrants (those who had arrived in Canada in the previous five years) who had work experience or post-secondary credentials from abroad, nearly six in 10, or 58.2 per cent, had faced difficulties finding work related to their foreign work experience or credentials in the past two years,\u201d reveals Statistics Canada.\u00a0<\/span><\/p>\n \u201cIn comparison, fewer than half, or 47.6 per cent, of those who had arrived from five to 10 years earlier had faced such difficulties.<\/p>\n \u201cThe most common difficulties encountered by recent immigrants with credentials or experience were not having enough Canadian job experience, at 22.7 per cent, having no connections in the job market, at 20.3 per cent, and lacking enough references from Canada, at 18.5 per cent.\u201d<\/p>\n Across the Canadian economy, the manufacturing sector employed an additional 28,000 people in November and the construction sector added 16,000.<\/p>\n But wholesale and retail trade shed 27,000 workers and the finance, insurance, real estate, rental and leasing sector dropped 18,000 people from its workforce.<\/p>\n \u201cEmployment increased in New Brunswick by 2,400 or 0.6 per cent and declined in Prince Edward Island by 1,300 or 1.4 per cent (while) employment was little changed in all other provinces,\u201d reports Statistics Canada.<\/p>\n Watch Video<\/b><\/p>\n
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\nOntario Retains The Most Of Its Immigrants Of Any Canadian Province Or Territory<\/a><\/p>\n
\nManufacturing And Construction Sectors Hired More Workers In November<\/h3>\n
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