Close X
Wednesday, December 11, 2024
ADVT 
National

Economy created 31K jobs in October, StatCan says

Darpan News Desk The Canadian Press, 05 Nov, 2021 09:57 AM
  • Economy created 31K jobs in October, StatCan says

OTTAWA - The economy added 31,000 jobs in October, Statistics Canada reported Friday, bringing the national unemployment rate to a pandemic-era low.

Unemployment came in at 6.7 per cent, down from 6.9 per cent in September, to mark the fifth consecutive monthly decline in the rate.

Statistics Canada says the unemployment rate would have been 8.7 per cent in October, down from 8.9 per cent in September, had it not included in calculations Canadians who wanted to work but didn't search for a job.

Gains were seen across a number of industries, including the hard-hit retail sector, but offset by declines elsewhere, such as accommodation and food services.

Retail trade added 72,000 jobs in October that Statistics Canada notes pushed the industry back to its pre-pandemic levels for the first time since March.

The statistics agency also notes a decline in self-employment, but suggests some of those moved to more permanent and in-demand jobs like in the professional, scientific and technical services sector.

Statistics Canada also says the ranks of Canada's long-term unemployed, those who have been out of work for six months or more, was little changed in October at almost 380,000.

Leah Nord, senior director of workforce strategies for the Canadian Chamber of Commerce, says October's jobs report points to the uphill climb that remains before the labour market fully heals from COVID-19.

She notes that there are almost 900,000 job vacancies that need to be filled, adding that task is going to be more difficult than recovering the three million jobs lost at the onset of the pandemic, which the country achieved in September.

"The fact is the hard part begins now," she says in a statement.

"Talent is an issue in every sector, at every level of the value chain, in every part of the country, and there's no silver-bullet-fix at hand."

 

MORE National ARTICLES

U.K. excludes Canadian travellers in eased rules

U.K. excludes Canadian travellers in eased rules
The U.K. announced today that fully vaccinated travellers in the U.S. or Europe will not have to quarantine on arrival to the U.K. The changes are set to go in place at 4 a.m. on August 2.

U.K. excludes Canadian travellers in eased rules

More out-of-province wildfire crews head to B.C.

More out-of-province wildfire crews head to B.C.
A crew of 34 specialists from Australia is set to bolster the 208 out-of-province personnel working alongside more than 3,000 firefighters and others on B.C.'s fire lines, he said.

More out-of-province wildfire crews head to B.C.

RCMP probe 'suspicious' wildfires in B.C. Interior

RCMP probe 'suspicious' wildfires in B.C. Interior
They say officers from Salmo responded with the local fire department to as many as four brush fires northwest of the intersection of Highways 6 and 3 on Saturday.

RCMP probe 'suspicious' wildfires in B.C. Interior

Float plane flips over on take off in Tofino, B.C.

Float plane flips over on take off in Tofino, B.C.
Board spokesperson Alexandre Fournier says the float-equipped Cessna A185F "nosed over in shallow water" during take off from the harbour.

Float plane flips over on take off in Tofino, B.C.

150 COVID19 cases for Tuesday

150 COVID19 cases for Tuesday
80.7% (3,742,081) of eligible people 12 and older in B.C. have received their first dose of COVID-19 vaccine and 62.3% (2,887,730) have received their second dose.    

150 COVID19 cases for Tuesday

Leaving a Legacy: Youth Raising Funds for Senior Care Facility

Leaving a Legacy: Youth Raising Funds for Senior Care Facility
 As the hustle and bustle of life commitments continues to take over the working population, creating senior care facilities is becoming a pressing necessity.

Leaving a Legacy: Youth Raising Funds for Senior Care Facility