Ontario losses drive national jobless rate up
Nova Scotia only other province with losses
Last Updated: Friday, December 5, 2008 | 9:24 AM ET
CBC News
Related
Internal Links
Video
- Havard Gould reports: Ontario losses drive national jobless rate up (Runs: 1:56)
- Play: Real Media »
- Play: QuickTime »
Ontario lost 42,000 manufacturing jobs in November. (CBC)The big job loss in November was virtually all in Ontario, Statistics Canada reported Friday in releasing numbers showing the national unemployment rate edged up slightly to 6.3 per cent from 6.2 per cent in October.
Of the total of 70,600 jobs lost during the month, 66,000 were in Ontario, the agency said. Nova Scotia was the only other province that reported a drop in November. In every other province, the employment picture was stable or brightened.
"The manufacturing sector was hard hit in November," Statistics Canada said, indicating the sector lost 38,000 jobs; Ontario manufacturing lost 42,000, but gains elsewhere reduced the national drop.
In Ontario, full-time workers and men 25 and over were most affected. The provincial unemployment rate jumped to 7.1 per cent in November from 6.5 per cent in October.
Ontario's rate is now on par with Quebec's. All provinces east of Quebec have higher rates, while all the provinces west of Ontario have a rate under five per cent.
The federal election in October boosted employment, but those jobs ended, contributing to a drop of 27,000 among public administration workers in November.
Despite the losses in November, employment in Ontario is up by 0.5 per cent over the first 11 months of 2008.
Nationally, employment in the year to date is up by 0.8 per cent, an addition of 133,000 people.
In November, the average hourly wage was up 4.6 per cent over the past year.
Share Tools
Top News Headlines
- Canadian Pacific strikers face back-to-work legislation
- Labour Minister Lisa Raitt is prepared to end the Canadian Pacific Railway strike if necessary, after both CP and the union rejected a proposal for voluntary arbitration by the government-appointed negotiator on Sunday. Raitt says she is "extremely disappointed." more »
- Syrian regime denies role in Houla massacre
- The UN Security Council condemned the Syrian regime at an emergency meeting Sunday, holding president Bashar al-Assad's military responsible for the massacre of more than 100 people, dozens of whom were children younger than 10 years old. more »
- Ryder Hesjedal wins prestigious Giro d'Italia
- Victoria native Ryder Hesjedal has become the first Canadian to win one of the cycling world's three Grand Tour events, wrapping up the 2012 Giro d'Italia with an excellent performance in the final stage in Milan. more »
- Neighbour may have helped find missing kids in Mexico
- Two Winnipeg children who had been missing for nearly four years were found in Mexico after a man raised concerns about his neighbour, according to a private investigator. more »
Latest Business Headlines
- Bankia asks Spain for €19B
- The board of directors of Spain's troubled bank, Bankia, has asked the Spanish government for €19 billion ($24.5 billion Cdn) in financial support. more »
- EI reforms aim to boost employment, Flaherty says
- Finance Minister Jim Flaherty defended his government's proposals to change employment insurance, saying the aim is to remove "disincentives to employment." more »
- Employment Insurance review boards to be scrapped
- The federal government is scrapping two review boards used by people appealing decisions made about their employment insurance. more »
- Ottawa moves to limit foreign investment reviews
- The federal government is raising to $1 billion the amount of foreign money that can go into a Canadian company before the investment is reviewed. The review has been used in the past to block foreign takeovers of MDA and Potash Corp. more »
Lang & O'Leary Exchange
Markets
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 11576.47 | 0 |
| DOW | 12454.83 | 0 |
| NASDAQ | 2837.53 | 0 |
| SP 500 | 1317.82 | 0 |
| NYSE COMPOSITE | 7534.32 | 0 |
| AMEX | 2227.37 | 0 |
| TSX-VENTURE | 1309.27 | 0 |
The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.
Business Features
- Seniors float above Montreal's Quartier Latin
- Accused in blast that killed Alberta mom handled her funds
- Remains found in bag on Cape Breton river ID'd
- Neighbour may have helped find missing kids in Mexico
- Quebec students and province to resume talks
- Lip-dub marriage proposal an internet hit
- Syrian regime denies role in Houla massacre
- B.C. NDP calls for unity in fighting coast guard closure
- Canadian Pacific strikers face back-to-work legislation

