
The latest Statistics Canada local labour market report customized for the Brantford CMA for last month is now available.
November Unemployment Rate: Brantford 5.2% [+] Ontario 5.5% [-] Canada 5.1% [-]
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.
Highlights
Employment was little changed (+10,000) in November, and the unemployment rate declined by 0.1 percentage points to 5.1%.
Employment was up among women in the core working ages of 25 to 54, and declined among young men aged 15 to 24. It was little changed among the other main demographic groups. The employment rate among core-aged women reached a new record high of 81.6% in November.
Employment rose in finance, insurance, real estate, rental and leasing; manufacturing; as well as in information, culture, and recreation. At the same time, it fell in several industries, including construction and wholesale and retail trade.
While employment increased in Quebec, it declined in five provinces, including Alberta and British Columbia.
Year-over-year growth in the average hourly wages of employees remained above 5% for a sixth consecutive month in November, up 5.6% (+$1.71 to $32.11) compared with November 2021 (not seasonally adjusted).
After increasing 0.7% in October, total hours worked were little changed in November. Compared with 12 months earlier, total hours worked were up 1.8%.
In November 2022, more than 1 in 10 (11.2%) workers were employed in the retail trade industry (not seasonally adjusted).
One-third (33.5%) of workers aged 25 to 54 in Canada engaged in some form of training outside of the formal education system over the last 12 months, by participating in courses, seminars, conferences, or private lessons (not seasonally adjusted).
Employment little changed in November
Employment was little changed in November (+10,000), following an increase of 108,000 (+0.6%) in October. The stability in overall total employment was the result of offsetting movements across multiple industries. Similarly, employment growth in Quebec (+28,000; +0.6%) was offset by declines in five other provinces, including Alberta and British Columbia.
Local Top Line
- November Unemployment Rate: Brantford 5.2% [+] Ontario 5.5% [-] Canada 5.1% [-]
- The local unemployment rate increased by 0.4 month over month.
The local labour force expanded by 100 month over month.
The number of employed decreased by 300 month over month.
The number of unemployed increased by 400 month over month.
When compared to the surrounding CMAs of Hamilton, Niagara, Waterloo, Guelph, and London, Brantford’s unemployment rate is second 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