fbpx
Connect with us

Immigration Announcement

New Labour Force Survey shows a rise in employment in British Columbia and Newfoundland last month

Joseph Creech

Published

on

Labour Force Survey Canada

Reports show that Canada made the addition of more than 440,000 new jobs between October 2018 and October 2019. Statistics Canada’s new Labour Force Survey found that British Columbia and Newfoundland were the Canadian provinces that reflected the maximum employment gains in the month of October. 443,000 new jobs were added in Canada within a span of just 12 months, which is definitely praiseworthy.

Statistics Canada has stated that the rise was accompanied by growth in full-time work. While there was a slight dip in overall employment during October because Canada lost around 1,800 net jobs, it has not hindered the national unemployment rate. According to the survey, the national unemployment rate still stands steady at 5.5 percent. There were large employment gains in August and September, after which the slight dip in net jobs during October could not make an impactful dent.

The provinces of British Columbia and Newfoundland have reported significant employment gains. British Columbia, with a gain of 15000 net jobs, was the most successful among the Canadian provinces in October. According to Statistics Canada, this could be attributed to the increments in full-time work for elders. People aged 55 and overtook more initiative and ushered in this growth.

See also  Ontario Forest Biomass Program: Fuelling Jobs, Innovation, and Sustainability in 2025

The unemployment rate of British Columbia is still stable at 4.7 percent, and it is the lowest in Canada. Provinces like Newfoundland and Labrador also acquired 2,700 net jobs in October. The increase in part-time work among the people aged between 24 and 54 fuelled this gain. Other provinces in Canada did not report any major changes in the unemployment rate and employment level. The rise in employment among people aged 55 and over by 31,000 net jobs is a good sign for the Canadian economy.

Continue Reading
Advertisement

Advertisement

PNP Draws & Updates

DateProvinceInvitations
May 29Newfoundland and Labrador351 invitations
May 29Manitoba30 invitation
May 28British Columbia13 invitations
May 23Alberta158 invitations
May 15Manitoba 60 invitations
Check Out the Full List of PNP Draws➜

Canada Immigration News Podcast

Advertisement

Recent Express Entry Draws

DrawNumber Of InvitationsMinimum CRS Points
349 (Healthcare)500504
348 (PNP)277726
347 (CEC)500547
346 (PNP)511706
345(Healthcare)500510
All Express Entry Draw Results ➜

Advertisement

Trending Searches