The provinces of Canada are looking for personnel to fight the labor shortage. In an October 2019 labor force report, the provinces of British Columbia and Newfoundland were the main beneficiaries of the immigration program, which made significant gains.
Statistics indicate that Canada created 443,000 new jobs between October 2018 and October 2019. During this 12-month period, full-time work increased significantly.
There was a general decline in employment in October 2019, as the survey showed that the country had lost 1,800 net jobs. Nationally, the unemployment rate was not less than 5.5%.
According to statisticians, this October drop is explained by the influx of employees in August and September 2019.
Earnings statistics for British Columbia and Newfoundland after employment
As previously mentioned, British Columbia and Newfoundland topped the list of provinces posting job gains with a net of 15,000 net jobs in October. This increase is attributable to earnings from full-time work for people aged 55 and over.
The unemployment rate in the two provinces remained stable at 4.7%, the lowest of all other Canadian provinces.
In a news release published by Newfoundland and Labrador, there was a gain of 2,700 net jobs in October 2019, mainly due to part-time jobs with residents of the main age group of 24 to 54 years old.
In the other Canadian provinces, the employment and unemployment rates remained constant and their average remained unchanged from the September statistics.
Statistics on how employees over 55 made a profit
A shocking revelation indicated that employment among citizens over 55 increased in October 2019 by a whopping 31,000 net. The unemployment rate for this group was 4.7%, down 0.2% from last month’s data.
According to the survey, the job gain for this group of people increased by 187,000 net jobs compared to the data obtained in October 2018, which represents an increase of 4.6%.
The study also showed that the employment of men aged 25 to 54 decreased and the decrease of 29,000 net jobs in October 2019 to be precise, compared to September 2019. According to data from last year for the same month, the employment of this group at 94,000 net jobs.
With regard to the share of women, there has been only a negligible change in the employment of women between 24-54 years and 15-24 years.
Data on how employment in industry has increased or decreased
In October 2019, the number of construction and production jobs fell significantly by 21,000 and 23,000 respectively. Ontario posted the largest number of construction employment declines, while in manufacturing, Ontario and Quebec led the 10 other provinces.
The public administration sector registered an increase of 20,000 in the same month, an increase of 7.6% over last year’s data. Significant employment gains were registered in British Columbia, Quebec, New Brunswick and Prince Edward, respectively.
The other sectors that experienced an increase in employment were insurance, finance, real estate, rental and leasing. The increase reached 64,000 over last year’s data.