Employment in Canada up by 91,000 as of December 2024

Highlights: Canadian employment rose by 91,000 as of December 2024

• The latest StatCan reports revealed that employment in Canada rose by 91,000 in December 2024.
• The employment rate in Canada increased to 60.8%, marking a 0.2% rise.
• Canada’s unemployment rate came down to 6.7% after a decline of 0.1%.
• Full-time employment in Canada rose by 56,000, with a 0.3% increase as compared to 2023.

 

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Rise in employment in Canada in December 2024

 

According to the latest StatCan reports, employment in Canada was up by 91,000, recording an increment rate of 0.2%. The current employment rate in Canada is 60.8%, as of December 2024 reports.

 

Canada reported a decline of 0.1% in unemployment, bringing down the current unemployment rate to 6.7%. The year 2024 ended with 413,000 more people working in the country as compared to the figures reported at the beginning of the year.

 

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Canadian employment rises across industries and the core-aged population

 

StatCan reports revealed an increase in employment of 30,000 workers among core aged men. Employment among core aged women increased by 21,000 in Canada, as of December 2024.

 

The major industries in Canada which had employment gains as of December 2024 are listed in the table below:

 

Industry	Increase in employment	% of increase
Educational Services	17,000	1.10%
Healthcare and Social assistance	16,000	0.50%
Transportation and warehousing	17,000	1.60%
Finance and real estate	16,000	1.10%

 

Employment rates across Canadian provinces

Among all the Canadian provinces, Alberta reported the highest employment gain as of December 2024. The table below provides details of the employment rates across Canadian provinces as per December 2024 data:

 

Province	Increase in employment	% of increase
Alberta	35,000	1.40%
Ontario	23,000	0.30%
British Columbia	14,000	0.50%
Nova Scotia	74,000	1.40%

 

 

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