Canada’s job market dropped close to 11k jobs in November, but this is after a couple of months of big gains. We’re sitting now at 6.6% unemployment nationwide.
The good news? We’re seeing gains in full time positions and most of the losses are in part time positions:
Full-time employment grew by 5,700 jobs, while part-time work dropped by 16,300. The goods-producing sector, which includes the manufacturing, natural resources and construction industries, added 17,300 posts, while the services sector lost 28,000.
The 12-month gain came to 146,000 positions, an increase of 0.8 percent, while the six-month moving average for employment growth was 21,300 jobs, down from 27,400 in October.
Read the full article here.