Employment increases by 345,000 year-on-year in Canada, Jan 2024 - STAT CAN

Highlights: Canada saw a rise of 345,000 in employment as of January 2024!

• The recent Labour Force Survey shows an increase in employment by 345,000. 
• The employment grew by 37,000, with a 0.2% increase in January 2024. 
• Most of the employment gains were reported across service-producing industries in Canada.
• Canadian provinces like Ontario, Manitoba, Nova Scotia, Newfoundland and Labrador saw an employment spike. 

 

*Want to check your eligibility to Canada? Try the Y-Axis Canada points calculator for FREE and get an instant score.

 

 Employment rates across Canadian provinces in January

Employment increased in Canadian provinces like Manitoba, Nova Scotia, Ontario, Newfoundland and Labrador. Ontario saw a significant increase in employment by 0.3%. 

The table below provides a list of Canadian provinces and the employment increase. 

Canadian Province	Increase in Employment Rate
Nova Scotia	0.70%
Manitoba	1.00%
Ontario	1.10%
Newfoundland and Labrador	3.20%

 

*Looking for jobs in Canada? Avail Y-Axis Job Search Services for complete job support!

 

 Employment rates across different industries in January

Data shows different industries across the service-producing sectors in Canada have experienced employment gains.
The table given has the list of employment gains across Canadian industries:

Industry Type	Rate of employment gain
Educational Services	1.80%
Business building and other support services	1.30%
Wholesale and retail trade	1.10%
Finance, insurance, real estate, rental and leasing	2.10%

 

*Willing to work in Canada? Let Y-Axis help you with all the steps!

 

 Employment rates across Genders

Data shows that the employment rate differed with the gender and age group in Canada. 
The table below lists the employment rates across genders and age groups:

Age	Gender	Employment rate
15 to 24 years	Men	56%
	Women	56%
25 to 54 years	Men	87.20%
	Women	81.10%

 

*Are you looking for step-by-step assistance for Canada Immigration? Talk to Y-Axis, the leading Overseas Immigration Company in the UAE.

For the latest updates on Canada Immigration, check the Y-Axis Canada Immigration News Page.

 

Canada ranked the safest place for travellers in 2024, Report

 

Also Read:  471,550 New Canadian PRs issued in 2023
Web Story:  Employment increases by 345,000 year-on-year in Canada, Jan 2024 - STAT CAN