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Questions and Answers
What was the unemployment rate in Canada in October 2023?
What was the unemployment rate in Canada in October 2023?
How much did the employment rate change in October 2023?
How much did the employment rate change in October 2023?
Which sector experienced a decrease in employment in October 2023?
Which sector experienced a decrease in employment in October 2023?
By how much did the average hourly wages rise in October 2023?
By how much did the average hourly wages rise in October 2023?
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Which Canadian province experienced a 1.5% increase in employment in October 2023?
Which Canadian province experienced a 1.5% increase in employment in October 2023?
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In which province did the unemployment rate rise to 4.9% in October 2023?
In which province did the unemployment rate rise to 4.9% in October 2023?
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Which sector experienced stable job vacancies with the second-highest vacancy rate in August 2023?
Which sector experienced stable job vacancies with the second-highest vacancy rate in August 2023?
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Which Canadian province saw employment increase in October 2023?
Which Canadian province saw employment increase in October 2023?
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Which Canadian province experienced a decline in employment in October 2023?
Which Canadian province experienced a decline in employment in October 2023?
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In which province did employment remain unchanged for the fourth consecutive month in October 2023?
In which province did employment remain unchanged for the fourth consecutive month in October 2023?
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What was the Consumer Price Index growth in September 2023?
What was the Consumer Price Index growth in September 2023?
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What percentage of Canadians lived in households experiencing financial difficulties in October 2023?
What percentage of Canadians lived in households experiencing financial difficulties in October 2023?
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Who was more likely to face financial difficulties compared to those born in Canada or of Chinese descent?
Who was more likely to face financial difficulties compared to those born in Canada or of Chinese descent?
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In which type of households did 36.1% experience financial difficulties?
In which type of households did 36.1% experience financial difficulties?
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What proportion of single-earner households with children experienced financial difficulties?
What proportion of single-earner households with children experienced financial difficulties?
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In which region were the highest proportions of persons living in households reporting difficulties meeting financial needs?
In which region were the highest proportions of persons living in households reporting difficulties meeting financial needs?
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What was the average monthly employment growth since January 2023?
What was the average monthly employment growth since January 2023?
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What was the employment rate in October 2023 compared to January 2023?
What was the employment rate in October 2023 compared to January 2023?
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How much did employment among men aged 55 and older increase in October 2023?
How much did employment among men aged 55 and older increase in October 2023?
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What happened to employment for core-aged men and women in October 2023?
What happened to employment for core-aged men and women in October 2023?
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How much did the unemployment rate rise in October 2023 compared to April 2023?
How much did the unemployment rate rise in October 2023 compared to April 2023?
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What was the labour force participation rate in October 2023 compared to a year ago?
What was the labour force participation rate in October 2023 compared to a year ago?
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By how much did the youth unemployment rate increase in October 2023?
By how much did the youth unemployment rate increase in October 2023?
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How much higher was the youth unemployment rate compared to adults aged 25 to 54 in October 2023?
How much higher was the youth unemployment rate compared to adults aged 25 to 54 in October 2023?
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In which sector did employment increase by 23,000 in October 2023?
In which sector did employment increase by 23,000 in October 2023?
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In which sector did employment decline by 22,000 in October 2023?
In which sector did employment decline by 22,000 in October 2023?
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What happened to employment in manufacturing in October 2023?
What happened to employment in manufacturing in October 2023?
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What happened to employment in health care and social assistance in October 2023?
What happened to employment in health care and social assistance in October 2023?
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True or false: The employment rate in October 2023 was higher than the employment rate in October 2022?
True or false: The employment rate in October 2023 was higher than the employment rate in October 2022?
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True or false: Employment in wholesale and retail trade increased by 49,000 on a year-over-year basis in October 2023?
True or false: Employment in wholesale and retail trade increased by 49,000 on a year-over-year basis in October 2023?
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True or false: The youth unemployment rate in October 2023 was notably higher for racialized and Indigenous youth compared to adults aged 25 to 54?
True or false: The youth unemployment rate in October 2023 was notably higher for racialized and Indigenous youth compared to adults aged 25 to 54?
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True or false: Employment in construction declined by 22,000 in October 2023?
True or false: Employment in construction declined by 22,000 in October 2023?
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True or false: The unemployment rate in October 2023 was down by 0.2 percentage points from a year ago?
True or false: The unemployment rate in October 2023 was down by 0.2 percentage points from a year ago?
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The unemployment rate in Canada rose by 0.2 percentage points in October 2023.
The unemployment rate in Canada rose by 0.2 percentage points in October 2023.
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The employment rate fell by 0.1 percentage points to 61.9% in October 2023.
The employment rate fell by 0.1 percentage points to 61.9% in October 2023.
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Total hours worked increased by 2.1% on a year-over-year basis in October 2023.
Total hours worked increased by 2.1% on a year-over-year basis in October 2023.
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The average hourly wages rose by 5.0% in October 2023.
The average hourly wages rose by 5.0% in October 2023.
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Employment in Quebec increased by 22,000 in October 2023.
Employment in Quebec increased by 22,000 in October 2023.
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Did the unemployment rate in Ontario decrease in October 2023?
Did the unemployment rate in Ontario decrease in October 2023?
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Was the employment rate in Quebec unchanged in October 2023?
Was the employment rate in Quebec unchanged in October 2023?
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Did the inflationary pressures increase from June 2022 to September 2023?
Did the inflationary pressures increase from June 2022 to September 2023?
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Did the proportion of Canadians living in households experiencing financial difficulties decrease from October 2020 to October 2023?
Did the proportion of Canadians living in households experiencing financial difficulties decrease from October 2020 to October 2023?
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Were people living in owned dwellings more likely to face financial difficulties compared to those in rented dwellings?
Were people living in owned dwellings more likely to face financial difficulties compared to those in rented dwellings?
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Study Notes
Canadian Employment Situation October 2023
- Since January 2023, employment growth has averaged 28,000 per month, whereas the population aged 15 and older has grown by an average of 81,000 per month.
- The employment rate in October 2023 was 61.9%, down from 62.5% in January 2023 but similar to October 2022.
- Employment among men aged 55 and older increased by 31,000 in October, the first rise for this group since April.
- Core-aged (25 to 54) men and women saw little change in employment in October, with a slight increase in full-time employment for core-aged women offset by a decrease in part-time employment.
- Unemployment rate rose to 5.7% in October, marking the fourth increase in the past six months, with 1.2 million unemployed persons, up by 171,000 since April.
- Labour force participation rate in October was 65.6%, unchanged from the previous month and up by 0.2 percentage points from a year ago.
- The youth unemployment rate increased to 11.4% in October, with a rise of 2.7 percentage points among female youth and 1.8 percentage points among male youth since March.
- The youth unemployment rate was 2.4 times the rate for adults aged 25 to 54 in October, notably higher for racialized and Indigenous youth.
- Employment in construction increased by 23,000 in October, while employment in information, culture, and recreation rose by 21,000.
- Employment in wholesale and retail trade declined by 22,000 in October, the first decrease since October 2022, but was up by 49,000 on a year-over-year basis.
- Employment in manufacturing fell by 19,000 in October, but was little changed on a year-over-year basis.
- Employment in health care and social assistance remained little changed in October, with year-over-year growth similar to the average pace across all industries.
Canadian Labor Market and Household Financial Difficulties - October 2023
- Job vacancies in health care and social assistance remained stable compared to the previous year, with the second-highest vacancy rate in August 2023.
- Employment increased in Alberta, Saskatchewan, Nova Scotia, and New Brunswick in October, while it declined in Quebec.
- Alberta saw a 1.5% increase in employment, with significant gains in health care, manufacturing, transportation, and natural resources.
- In Quebec, employment fell by 22,000 in October, with the unemployment rate rising to 4.9%.
- Ontario's employment remained unchanged for the fourth consecutive month, with a 6.2% unemployment rate in October.
- Inflationary pressures have eased, with the Consumer Price Index growth decelerating from 8.1% in June 2022 to 3.8% in September 2023.
- In October 2023, 33.1% of Canadians lived in households experiencing financial difficulties, slightly down from the previous year but notably higher than in October 2020.
- People living in rented dwellings were more likely to face financial difficulties compared to those in owned dwellings.
- Among dual-earner households with children, 36.1% experienced difficulties, while the proportion increased to 45.5% in single-earner households with children.
- Nearly half (48.7%) of those living in lone-parent families with employed parents reported difficulties meeting financial needs, increasing to almost 7 in 10 (69.8%) for unemployed lone-parent families.
- Recent immigrants, South Asian, and Black Canadians were more likely to face financial difficulties compared to those born in Canada or of Chinese descent.
- Among the 20 largest CMAs in Canada, the highest proportions of persons living in households reporting difficulties meeting financial needs were in Southern Ontario, while the lowest were in Québec, Kelowna, and Gatineau.
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Description
Test your knowledge of the Canadian employment situation with this quiz covering key statistics and trends from October 2023. Explore employment rates, demographic changes, industry-specific data, and more.
