Statistics Canada, The Daily, has released its data on the labour force survey for Sept. 2024.
Employment rose by 47,000 in Sept., while the employment rate declined 0.1 percentage points to 60.7 percent. The unemployment rate fell 0.1 percentage points to 6.5 percent.
In Sept., employment rose among youth aged 15 to 24 and core-aged women (25 to 54 years old).
More people were employed in information, culture, recreation, wholesale and retail trade, and professional, scientific, and technical services in September. Employment increased in Ontario, Quebec, Manitoba, and Nova Scotia in September, while there was a decline in British Columbia and New Brunswick. Total hours worked fell 0.4 percent in September but were up 1.2 percent compared with 12 months earlier. Average hourly wages among employees increased 4.6 percent on a year-over-year basis in September, following growth of 5.0 percent in August (not seasonally adjusted).
Youth and core-aged women drive employment gains in the month
Employment rose among youth aged 15 to 24 in September, reflecting gains among both young men and young women. The youth employment rate was little changed at 54.0% in Sept., but was down 3.5 percentage points on a year-over-year basis.
In Sept., employment rose among core-aged (25 to 54 years) women
and held steady among core-aged men. The employment rates of core-aged women and core-aged men were each down 1.3 percentage points on a year-over-year basis. For people aged 55 to 64, there was little change in the level of employment in Sept. The employment rate for this group held steady at 64.2 percent both in the month and on a year-over-year basis.
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