Canada Jobs Report

Canada's economy added 154,000 new jobs last month, surging past expectations and enough to move the jobless rate down to just six per cent.

Statistics Canada reported Friday that the jobless rate fell by 0.7 percentage points, to six per cent. That's the lowest jobless rate since the pandemic began.

Prior to COVID-19, in February 2020, Canada had a jobless rate of 5.7 per cent. It topped out at 13.7 per cent in May of that year, before sliding steadily lower.

The data agency calculates that more than 19.3 million people in Canada had a job last month. That's 183,000 more than had one pre-pandemic.

November Labour Force Survey (LFS) data reflect labour market conditions during the week of November 7 to 13.
Public health measures in place during the reference week were largely similar to those in place in October. In some jurisdictions, most notably in Ontario and Quebec, capacity limits and distancing requirements had been further eased in settings where proof of vaccination is required.