The latest Statistics Canada local labour market report customized for the Brantford CMA for last month is now available.
November Unemployment Rate: Brantford 3.1% [-] Ontario 5.6% [+] Canada 5.9% [+]
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.
Statistics Canada Summary
For Canada and Ontario, Statistics Canada reports that, “After holding steady in October, employment fell by 71,000 (-0.4%) in November. The unemployment rate rose by 0.4 percentage points to 5.9%.
Compared with November 2018, employment gains totalled 293,000 (+1.6%), with the increase largely accounted for by full-time work. Over the same period, total hours worked grew by 0.2%....
In November, employment declined in Quebec, Alberta and British Columbia, while it was little changed in the other provinces.
Employment was down for men in the core working ages of 25 to 54 and women aged 55 and over. Declines in employment were recorded both in the goods-producing sector, specifically in manufacturing and natural resources, as well as in the services-producing sector, notably in public administration....
While employment in Ontario held steady in November, the unemployment rate increased by 0.3 percentage points to 5.6% as a result of more people looking for work....
Employment among core-aged men declined for the second consecutive month, down 30,000 in November. At the same time, their unemployment rate rose by 0.6 percentage points to 5.3% as more of them looked for work. On a year-over-year basis, employment growth among core-aged men totalled 51,000 (+0.8%).
While the number of workers among core-aged women was little changed in November, their unemployment rate rose by 0.3 percentage points to 4.7% as more of them looked for work....
In November, employment fell in both the goods-producing and services-producing sectors....
In the goods-producing sector, fewer people worked in manufacturing (-28,000) and in natural resources (-6,500), with most of the declines in each of these industries observed in Quebec....
The employment decrease in the services-producing sector was mostly accounted for by public administration, where the number of workers fell by 25,000 in November. The bulk of this decline was in Quebec, Ontario and Alberta. On a year-over-year basis, employment gains in public administration totalled 49,000 (+5.0%) at the national level, reflecting an upward trend that began at the start of the year. Most of these gains were accounted for by Ontario and British Columbia.
There were 50,000 fewer private-sector employees in November, while self-employment and public-sector employment were little changed. On a year-over-year basis, the number of private-sector employees increased by 146,000 (+1.2%), while public-sector employment was up by 115,000 (+3.0%) and self-employment held steady."
Top Line
- November Unemployment Rate: Brantford 3.1% [-] Ontario 5.6% [+] Canada 5.9% [+]
- The local unemployment rate decreased by 0.1 month over month.
- The local labour force contracted by 600 month over month.
- The number of employed decreased by 500 month over month.
- The number of unemployed decreased by 100 month over month.
- When compared to the surrounding CMAs of Hamilton, Niagara, Waterloo, Guelph, and London, Brantford’s unemployment rate remains the lowest.
Note: Brantford's unemployment reflects a 3 month moving average, whereas Ontario and Canada are monthly figures. The sample CMA breakdown for Brantford area is detailed in text at the Stats Canada website: http://www23.statcan.gc.ca/imdb/p3VD.pl?Function=getVD&TVD=117159&CVD=117161&CPV=543&CST=01012011&CLV=2&MLV=3
