Nov. 7, 2014 – Statistics Canada has reported that employment rose for the second consecutive month, up 43,000 in October. This pushed the unemployment rate down 0.3 percentage points to 6.5 per cent, the lowest rate since November 2008.
In the 12 months to October, employment rose by 182,000 (1 per cent), with the growth in September and October 2014 accounting for two-thirds of this increase.
Compared with October 2013, part-time employment rose by 101,000 (3 per cent) and full-time employment was up 81,000 (0.6 per cent). Over the same period, the number of hours worked rose slightly (0.4 per cent).
In manufacturing, the number of workers in October rose by 33,000. The month’s gain brought manufacturing employment up slightly compared with a year earlier, said Statistics Canada.
Provincially, employment rose in Ontario, Manitoba, Nova Scotia and Prince Edward Island, while it declined in New Brunswick. Other provinces saw minor changes.
For more information, visit www.statcan.gc.ca.