On Friday, StatsCan released November’s Labour Force Survey. November saw the lowest unemployment rate since January 2009 – with 15,000 new jobs added that month, the unemployment rate dropped to 7.6%.
This is 1.9% higher than it was in November, 2009 – since then, part-time employment has grown by 4% and full-time employment has grown 1.4%.
Unfortunately, employment in the manufacturing sector fell 1.6% from what it was in the previous month, and fell 2.6% from where it was in November 2009. The manufacturing sector’s share of total employment is now at an employment rate of 10%, the lowest since the early 2000’s.