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Employment rate takes another hit

Published by Steve Coleman on December 02, 2011

Canadian job growth over the last year took another hit in November.

The country's unemployment rate rose 0.1 per cent last month to a national average of 7.4 per cent as 19,000 more people were looking for work by month's end.

Despite a second-straight month of higher unemployment, Statistics Canada says the situation is still better than it was a year ago. Compared to the same time in 2010, there are 212,000 more people working.

An increase in the number of full-time jobs has helped cushion the fact there's less part-time work available in Canada. Most of the job cuts have been to part-time positions.

Statistics Canada says there were 53,000 fewer people working part-time jobs by the end of November, while full-time employment rose 35,000.

Year-over-year the number of part time workers has decreased 62,000, a 1.9 per cent decrease. Full-time employment is two per cent into the positive territory with 212,000 more people reported working.

Between last November and November 2011, employment in the goods sector rose 0.8 per cent with the largest increases in natural resources (8.3 per cent more) and construction (2.2 per cent more).
On the other hand, manufacturing has taken a hit in the last year. Employment in the sector was reported to be down 0.8 per cent.

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