The latest Statistics Canada local labour market report customized for the Brantford CMA for last month is now available.
- November Unemployment Rate: Brantford 4.2% [+] Ontario 6.1% [-] Canada 5.8% [+]
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 November (+25,000; +0.1%) and the employment rate fell 0.1 percentage points to 61.8%, as growth in the population continued to outpace employment growth.
The unemployment rate rose 0.1 percentage points to 5.8%, continuing an upward trend observed since April.
Employment increased in manufacturing (+28,000; +1.6%) and construction (+16,000, +1.0%). There were declines in wholesale and retail trade (-27,000; -0.9%) and finance, insurance, real estate, rental and leasing (-18,000; -1.3%).
Employment increased in New Brunswick (+2,400; +0.6%) and declined in Prince Edward Island (-1,300; -1.4%). Employment was little changed in all other provinces.
Among Canada's 20 largest census metropolitan areas (CMAs), St. Catharines–Niagara and Oshawa recorded the largest unemployment rate increases from April to November (three-month moving averages).
Total hours worked fell 0.7% in November and were up 1.3% on a year-over-year basis.
On a year-over-year basis, average hourly wages rose 4.8% (+$1.57 to $34.28) in November, similar to the increase recorded in October (not seasonally adjusted).
Most immigrants who had arrived in the previous five years faced challenges finding work related to their post-secondary credentials or work experience acquired abroad (population in the labour force aged 15 to 69, not seasonally adjusted).
Employment little changed in November for second consecutive month
Employment was little changed in November (+25,000; +0.1%), the second consecutive month of little change. The employment rate—the proportion of the working-age population that is employed—fell 0.1 percentage points to 61.8% in the month, while the population aged 15 and older in the Labour Force Survey (LFS) grew by 78,000 (+0.2%).
The employment rate has decreased in four of the past five months, and has generally trended down since January 2023, when it reached a recent high of 62.5%.
The number of private sector employees rose by 38,000 (+0.3%) in November, the first increase since June. Meanwhile, the number of self-employed workers decreased by 25,000 (-0.9%), partly offsetting cumulative increases of 76,000 (+2.9%) in August and September. The number of public sector employees was little changed in November, but was up by 98,000 (+2.3%) from June.
Local Top Line
- November Unemployment Rate: Brantford 4.2% [+] Ontario 6.1% [-] Canada 5.8% [+]
- The local unemployment rate increased by 0.1 month over month.
- The local labour force expanded by 500 month over month.
- The number of employed increased by 500 month over month.
- The number of unemployed increased by 100 month over month.
- When compared to the surrounding CMAs of Hamilton, Niagara, Waterloo, Guelph, and London, Brantford’s unemployment rate is lowest.