Ontario adds jobs: Unemployment in Canada Declines To 5.8%
August 19, 2018

Ontario adds jobs: Unemployment in Canada Declines To 5.8%

The economy in Canada created 54,100 jobs in July, and the present unemployment rate is 5.8%. Jobless rates in Canada remained at a low of four decades for five months out of seven in the present year.

Canada lost 28,000 full-time jobs but there was a healthy boost with the addition of 82,000 fresh part-time jobs.

The job additions were in British Columbia , Ontario, and Newfoundland & Labrador. The weak provinces were Quebec, Alberta, Manitoba, and New Brunswick.

In July for the category of 25-54 years there was an increase of 34,600 jobs. In the core-age for women, also the unemployment rate declined by 0.3% and stood at 4.9%. This was possible owing to the addition of 30,300 jobs.

The Numbers among workers in the age bracket of 15-24 years declined by 11,900, contributing to 0.6% decrease in unemployment rate in spite of addition of 4,600 jobs in comparison to June 2018.

Canada Jobs Market figures:


Unemployment rate (%) 5.8
Employment rate (%) 61.6
Labor force participation rate (%) 65.4
Number unemployed 1,160,400
Number working 18,682,100
Youth (15-24) unemployment rate (%) 11.1
Men (over 25) unemployment rate (%) 5.2
Women (over 25) unemployment rate (%) 4.8

Conflicting Trends in Provincial Data


Moreover, 60,600 new jobs were created by Ontario, outperforming all other provinces. Manitoba, Saskatchewan, and Quebec were the laggards. The figures for reduction in unemployment rate for Ontario were 0.5%, British Columbia by 0.2% and Manitoba and Newfoundland and Labrador by 0.1%.

There was also an increase in unemployment rate in Prince Edward Island by 0.6%, 0.3%, in Saskatchewan, 0.2%, in Alberta, and 0.2% in Quebec .

Performance of Canadian Provinces in July 2018


Jobs change July Unemployment rate (%)
1) British Columbia 11,200 5.0
2) Quebec -8,400 5.6
3) Ontario 60,600 5.4
4) Manitoba -3,600 6.0
5) Saskatchewan -4,200 6.6
6) Alberta -3,600 6.7
7) New Brunswick -1,700 7.5
8) Nova Scotia 1,000 8.0
9) Prince Edward Island 300 9.5
10) Newfoundland and Labrador 2,400 15.4
CANADA 54,100 5.8

Moreover, there is disconnection in comparing provinces on the basis of number of full-time jobs added in the month.

Job Change vs. Full-time Job Creation in Provinces


Jobs change July Full-time employment
1) British Columbia 11,200 9,600
2) Quebec -8,400 14,700
3) Ontario 60,600 -19,600
4) Manitoba -3,600 3,500
5) Saskatchewan -4,200 -7,700
6) Alberta -3,600 -21,700
7) New Brunswick -1,700 -3,400
8) Nova Scotia 1,000 -1,700
9) Prince Edward Island 300 200
10) Newfoundland and Labrador 2,400 -1,700
CANADA 54,100 -28,000

Best Performing Industries in Canada

The Goods-producing industries had a loss of 36,500 jobs in July 2018. Furthermore, in the manufacturing and construction there were fewer jobs by 18,400 and 12,300. In the services sector there were 90,500 new jobs in July, and totally 216,900 jobs, between June 2017 and July 2018.

Moreover, many new jobs - 36,500 - for July came in the educational services. It made the highest contribution of new jobs on a yearly basis. Even the health care service industry added 30,700 new jobs.

The public sector had a huge share in job creation by adding 49,600 jobs.  The share of private sector was 9.5% of all jobs in July. We at Zentora are always heavily committed to serving our clients and offering the top immigration services

Quick Enquiry

free hit counters