In November 2021, employment in Canada increased by 154,000, or 0.8 percent, over the same month in 2020. At the same time, unemployment fell to 6% in the same month. The services and goods-producing sectors of the Canadian economy saw a significant boost. In comparison to 2020, full-time employment increased by 0.5 percent, while part-time employment increased by 2.1 percent. The increase in employment was spread across nine Canadian provinces as per the occupations-in-demand in Canada. New employees (those who have been on the job for less than three months) saw their earnings rise quicker than those who have been on the job for more than 18 months.
The Canadian economy has been doing fairly well and is recovering fast from the effects of the COVID-19 pandemic. The job markets in Canadian provinces have a favourable prognosis for 2022, thanks to Canada's consistent and deliberate steps in the area of immigration. The benefits of increasing immigration will transfer to a healthier labour market and a better economy as more immigrants arrive to work in Canada.
Top Canadian provinces with employment
increase in 2022
Let's take a look at how the current job and employments trends in Canadian provinces in 2022:
- Ontario
Employment increased by 68,000 in Ontario. This was the sixth month in a row this year that the rate of job opportunities grew. Finance, construction, wholesale and retail commerce, healthcare, and insurance were among the industries that increased full-time employment
- Toronto
In November 2021, the Toronto CMA saw a
44,000 rise in new employment opportunities. In the same month, the
unemployment rate in Toronto CMA was 7%, which was 0.9 percent lower than in
October 2021. In addition, it was the lowest since February 2020.
- Quebec
A rise in occupational employment in
Quebec was seen as 46,000 new vacancies were filled. In the same month, the
unemployment rate fell by 1.1 percent to 4.5 percent.
- Montreal
By November 2021, the Montreal CMA saw
an increase of 56,000 new employment opportunities. The unemployment rate
dropped from 6.4 percent in October 2021 to 4.8 percent in the same month.
- Alberta
In November 2021, Alberta's employment
increased by 15,000 people. Construction and wholesale and retail trade were
the key drivers of the increase. Alberta's employment rate was 64 percent,
which was greater than any other provinces.
- Newfoundland and Labrador
Employment in Newfoundland and Labrador
increased as per the occupations in demand by 9,100 in number. The rise was
entirely due to full-time employment. Unemployment fell by 3.5 percentage
points to 10.4 percent. The number of jobless people fell by 8,800.
- Nova Scotia
The number of people working in Nova
Scotia increased by 3,700. Since October 2021, the unemployment rate in Nova
Scotia remained unchanged.
- Prince Edward Island
In November 2021, employment on Prince
Edward Island increased by 2,900. When compared to October 2021, the
unemployment rate in PEI fell to 8% from 8.1 percent.
- British Columbia
In 2021, the employment in British
Columbia remained stable. This level has been sustained for the past five
years. The province's unemployment rate was 5.6 percent for that year.
So, we can deduce from this data that the job increase in Alberta and
Ontario appears to be consistent with a good ration of average salary in Canada. British Columbia also maintained its employment level over time,
indicating that it will continue to be a reliable job supplier in 2022. Quebec
too cannot be overlooked as a source of stable employment in the last year.
