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Canada Sees A Rapid Growth In Adding Plenty Of Jobs In Current Year

10 Jul 2018


canada-sees-a-huge-growth-of-jobs-in-last-12months

Canada observed 32,000 more people get jobs over the month of June, the most significant improvement in three months. The growth means employment has progressed by 215,000 in the current year, according to the present Canada figures Statistics.

However, more people seeing for work involved the Canada unemployment rate increased from 5.8 percent to 6 percent through the month.

Saskatchewan, Ontario, and Manitoba were the primary movers provincially, with the majority of different provinces continuing firm across June.

Demographically, men aged 55 and managed employment expansion by 13,000 to produce 12-month profits to 79,000, or 3.8 percent. In the latest year, women in the equivalent age-group viewed employment growth 73,000, or 4.1 percent.

The core age-group of 25 to 54 observed the small change in June, with the unemployment rate for men sustaining firm at 5 percent. Core-aged women viewed the rate of unemployment increase to 5.2 percent with the majority of them seeing for work.

Both men and women in the focus group have observed year-on-year improvements, by 40,000 and 32,000 jobs respectively. With more people of young seeing for work, the rate of unemployment in the 15 to 24 age-group increased to 11.7 percent throughout June.

Essential Figures of Canada Jobs

Unemployment rate (%)

6.0

Employment rate (%)

61.5

Labour force participation rate (%)

65.5

Number unemployed

1,195,300

Number working

18,628,000

Youth (15-24) unemployment rate (%)

11.7

Men (over 25) unemployment rate (%)

5.2

Women (over 25) unemployment rate (%)

45.0


Impressive Performance in June by Provinces of Saskatchewan, Ontario, and Manitoba

Ontario province was the greatest mover on the jobs in the provincial, combining nearly 35,000 jobs in the month of June itself. Canada’s biggest province has attached 157,000 jobs over the latest year, an increment of 2.2 percent.

Saskatchewan province observed its most significant jobs progress since April 2012, totaling 8,300 jobs in June. The province recognized its rate of unemployment drop by a critical 0.5 percentage points to 6.3 percent.

Canada Express Entry in 2017 Top Jobs

S.No.

Occupation

ITAs

1

NOC 2171 – Information systems analysts and consultants

5,214

2

NOC 2173 – Software engineers

4,782

3

NOC 2174 – Computer programmers and interactive media developers

3,479

4

NOC 1111 – Financial auditors and accountants

2,386

5

NOC 1241 – Administrative assistants

1,969

6

NOC 1123 – Professional occupations in advertising, marketing and public relations

1,884

7

NOC4 011 – University professors and lecturers

1,830

8

NOC 1112 – Financial and investment analysts

1,783

9

NOC 1122 – Professional occupations in business management consulting

1,621

10

NOC 0124 – Advertising, marketing and public relations managers

1,49

 

Manitoba ’s rate of unemployment also declined, by 0.4 percentage points, to 6.1 percent in June. Employment improved by 4,100 across the month.

Alberta had a consolidatory month, totaling 2,000 jobs in June with employment on the year up to 34,000. The province oil-rich is maintaining its jobs recovery after the current slump.

British Columbia province dropped 8,000 jobs in June, making the province’s rate of unemployment to 5.2 percent, still the weakest of all the provinces.

Unemployment Rate in Canadian Province's


Province Name

Jobs change June

Unemployment Rate (%)

1) British Columbia

-8,000

5.2

2) Quebec

-6,500

5.4

3) Ontario

34,900

5.9

4) Manitoba

4,100

6.1

5) Saskatchewan

8,300

6.3

6) Alberta

2,000

6.5

7) New Brunswick

1,100

7.5

8) Nova Scotia

-1,700

7.9

9) Prince Edward Island

400

8.9

10) Newfoundland & Labrador

-600

15.5

CANADA

31,800

6.0

 

Best Performing Industries in Canada

From a perspective of industry, construction executed well in June by totaling 27,000 jobs. The industry now has additions of 44,000, or 3.1 percent, in the previous year, driven by Ontario.

Natural resources profession increased 13,000 in June, with yearly gains of 22,000 making it one of the quickest growing industries at a rate of 6.8 percent.

Manufacturing industry was the other upwards mover, totaling 11,000 jobs over the duration. The public sector, private sector, and self-employed sector were all little-changed in June.

To get more details related to Canada fill out a Free Evaluation Form or contact us at info@opulentuz.com or call us 7207111222. One of our experts will meet your expectations and provide answers to queries.


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