Statistics Canada Reports Employment Growth in November 2024
Statistics Canada has released its Labour Force Survey for November 2024, indicating a rise in employment figures across the nation. The total employment in Canada was recorded at 20,647,000, which is a 0.2% increase from the previous month. This data provides a snapshot of the current employment landscape in Canada.
The survey also includes details on labour productivity, hourly compensation, and unit labour costs, offering a comprehensive view of the economic conditions affecting Canadian workers and businesses.
In a related announcement, changes to the Temporary Foreign Worker Program were highlighted. Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, stated that these changes aim to protect temporary foreign workers while ensuring opportunities for Canadian workers. The Minister's statement underscores the government's focus on fair treatment and competitive wages.
The report notes a shift of certain positions from the high-wage stream to the low-wage stream within the program, which may impact various sectors. However, specific industries affected by these changes were not detailed in the release.
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