The labor market ends 2022 on a high note in Canada, with the creation of more than 100,000 jobs and a slight drop in the unemployment rate, which stands at 5%.
In Quebec, the unemployment rate fell from 3.8% to 4%, very close to its record level, reports Statistics Canada. Employment was little changed in December. Over the past year, employment has risen by 79,000 and the unemployment rate has fallen by 0.7 points.
The 104,000 more jobs recorded in November were mostly in the private sector. Construction, transportation and warehousing, and culture and recreation were the sectors that created the most jobs.
Employment fell in health care, particularly in Quebec (-10,000), despite the large number of job vacancies in this sector.