Job market continues to rebound nationally, provincially, and in Barrie

Canada's unemployment rate at lowest level since pandemic began

Canada’s jobless rate for the month of November fell to 6.0 per cent from 6.7 per cent in October.

This is the lowest unemployment rate since the pandemic began. In February 2020, just before COVID-19, Canada had a jobless rate of 5.7 per cent. It maxed out at 13.7 per cent in May 2020, before a steady decline.

Statistics Canada says the economy added 154,000 jobs.

In Ontario, the jobless rate last month was 6.3 per cent, a drop from 7 per cent in October.

The downward trend was also seen in Barrie.

Mayor Jeff Lehman says the city’s unemployment rate in November was down to 4.5 per cent, shaving almost a full point, and below both Ontario and Canada.

“Full-time employment is up to 80.2 percent,” Lehman said. “Strong jobs growth all the way around locally. The unemployment rate is now half what it was this summer, and if anything, the challenge is now finding workers. The job boom continues!”

Statistics Canada says more than 19.3 million people in Canada had a job last month, an increase of 183,00 more than had one pre-pandemic.

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