The unemployment rate climbed in November in Canada and Quebec

Employment was little changed in November in Canada, increasing only 0.1%, and the unemployment rate increased by 0.1 percentage point to 5.8%, continuing the upward trend that had begun last April.

Since this month, the country’s unemployment rate has increased by 0.8 percentage points.

Statistics Canada adds that in Quebec, employment fell by 0.5% and the unemployment rate increased by 0.3 percentage points to 5.2%, which was 1.3 percentage points higher to the record low of 3.9% recorded in November 2022 and January of this year.

Nationally, the federal agency observed that employment increased last month by 1.6% in the manufacturing sector and 1% in the construction sector. On the other hand, a decline of 0.9% was recorded in wholesale and retail trade, and of 1.3% in finance, insurance, real estate services and rental and leasing services.

In New Brunswick, employment increased 0.6% in November after recording an identical increase in October. In the 12 months ending last month, employment in the province increased 4% and in November the unemployment rate was 6.4%, down from 0. 8 percentage points compared to November 2022 and 0.2 compared to last October.

According to Statistics Canada, from last October to November, the unemployment rate increased from 6.6% to 6.8% in Nova Scotia and from 6.2% to 8.1% in Prince Island. -Édouard.

More details to come.

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