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Ontario Leads the Job Market

Author: Bevertec |

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The month of December brought forth several improvements within the Canadian labour market.

With 19.770 million employed Canadians as of December 2022, the number of Canadian employees continues the upward trend. The unemployment rate was brought down from 5.1 in November to 5.0 by the end of the year. This brought the unemployment rate closer to the record low of 4.9, as seen in June and July 2022.

The rise in employment rates is credited to the increase in employment for youth aged 15 to 24 and the increase in full-time work.

Top 6 Provinces with Employment Increases

Approximately 104,000 jobs were added to the Canadian market in December 2022, with Ontario topping the leaderboard by adding 42,000 jobs, ending the year on a high note.

About 85,000 full-time jobs were added in December, which is an increase from 57,000 full-time jobs in November.

Following Ontario was Alberta with 25,000 jobs, then British Colombia with 17,000 jobs, Manitoba with 7,000 jobs, Newfoundland and Labrador with 6,7000 and Saskatchewan with 4,200 new jobs, to complete the list.

The unemployment rate in Ontario, as a whole, fell to 5.3%, which is 0.8% lower than the rate in December 2021, and in the metropolitan city of Toronto, the unemployment rate fell to 5.7%.

Employment Rates Across Numerous Industries December 2022

As reported by Statistics Canada, 112,000 employees joined the private sector in the month of December, which is a significant increase since February earlier this past year.

The Construction industry saw an increase of 35,000 employees. Ontario led the provinces by employing 16,000 employees.

Within the Transportation and Warehousing industry, there was an increase of 29,000 employees.

The Information, Culture, and Recreation industry saw an increase of 25,000 employees.

In the Scientific and Technical Services industry, there was an The Accommodation and Foods Services industry saw an increase of 13,000 employees.

There was an increase of 11,000 and 10,000 employees within the Public Administration industry and other industries, respectively.

Employment on the Rise in Q1

The clients at Bevertec continue to hire top talent within the Greater Toronto-Hamilton Area (GTHA) despite the rise of inflation.

The Bevertec clients are providing candidates with competitive industry rates and flexible working environments that include completely in-office, hybrid or remote opportunities.

Additionally, there is a rise in the number of candidates searching for new employment. Candidates are motivated by career advancement, higher wages, and benefits due to the rise in the cost of living.

***The statistics used from the Labour Force Survey, December 2022, released by Statistics Canada
Statistics Canada. (2023). Labour Force Survey, December 2022.