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The latest Statistics Canada local labour market report customized for the Brantford CMA for last month is now available.
- July Unemployment Rate: Brantford 6.0% [+] Ontario 6.7% [-] Canada 6.4% [=]
Be sure to review the participation rate and the employment rate (reported as percentages), as well as the labour force, the employed, and the unemployed values (reported as absolute numbers). These give a better picture of changes in the market.
The report includes annual rates for the last 10 years, comparing Brantford to surrounding CMAs as well as the provincial and national levels.
Overview from Statistics Canada
- Visit the Statistics Canada page for full information.
Employment was little changed in July (-2,800; -0.0%), while the employment rate fell 0.2 percentage points to 60.9%. The unemployment rate was unchanged at 6.4%.
In July, employment decreased among women (-41,000; -2.6%) and men (-15,000; -0.8%) aged 55 to 64. Employment also fell among young men aged 15 to 24 (-20,000; -1.5%), while it increased among men aged 25 to 54 (+48,000; +0.7%).
Employment fell in wholesale and retail trade (-44,000; -1.5%) as well as in finance, insurance, real estate, rental and leasing (-15,000; -1.0%) in July. Employment increased in public administration (+20,000; +1.6%), transportation and warehousing (+15,000; +1.4%) and utilities (+6,200; +4.2%).
Employment declined in Manitoba (-5,400; -0.8%) and Nova Scotia (-4,800; -0.9%) in July, while it increased in Ontario (+22,000; +0.3%) and Saskatchewan (+6,700; +1.1%).
Total hours worked rose 1.0% in July and were up 1.9% compared with 12 months earlier.
Average hourly wages among employees increased 5.2% (up $1.73 to $34.97) on a year-over-year basis in July, following growth of 5.4% in June (not seasonally adjusted).
The employment rate of returning students aged 15 to 24 was 51.3% in July, down 6.8 percentage points from July 2023 (not seasonally adjusted).
Employment little changed for third consecutive month
Employment held steady for the third consecutive month in July (-2,800; -0.0%). On a year-over-year basis, employment was up by 346,000 (+1.7%).
The employment rate—the proportion of the population aged 15 and older who are employed—fell 0.2 percentage points to 60.9% in July. The employment rate has followed a downward trend since reaching a high of 62.4% in January and February 2023 and has fallen in 9 of the last 10 months.
In July 2024, an increase in full-time work (+62,000; +0.4%) was offset by a decline in part-time work (-64,000; -1.7%). Despite these changes, part-time employment (+3.4%; +122,000) has grown at a faster pace compared with full-time employment (+1.4%; +224,000) on a year-over-year basis.
Private sector employment declines
The number of private sector employees fell by 42,000 (-0.3%) in July, following two months of little change. On a year-over-year basis, private sector employment growth was up by 0.6% (+86,000) in July.
Public sector employment rose by 41,000 (+0.9%) in July and was up by 205,000 (+4.8%) compared with 12 months earlier. Public sector employment gains over the last year have been led by increases in health care and social assistance (+87,000; +6.9%), public administration (+57,000; +4.8%) and educational services (+33,000; +3.3%) (not seasonally adjusted).
Self-employment was little changed in July and was up by 55,000 (+2.1%) on a year-over-year basis.
Local Top Line
- July Unemployment Rate: Brantford 6.0% [+] Ontario 6.7% [-] Canada 6.4% [=]
- The local unemployment rate increased by 0.3 month over month.
- The local labour force contracted by 900 month over month.
- The number of employed decreased by 1,100 month over month.
- The number of unemployed increased by 200 month over month.
- When compared to the surrounding CMAs of Hamilton, Niagara, Waterloo, Guelph, and London, Brantford’s unemployment rate is in the middle range.
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