Saskatchewan's unemployment rate goes up while national rate goes down

Ontario and BC lead employment growth in Canada

Canada's jobless rate hits lowest since 2008 as hiring spikes

While Statistics Canada's month-to-month labour force survey data tends to be volatile, the agency said the country had added 390,000 jobs over the 12 months through November, up 2.1 per cent, entirely attributable to 441,400 new full-time jobs. That rate is the country's lowest since February 2008, months before the Great Recession took its toll on the economy.

Nationally, the economy created 79,500 net new jobs which resulted in a drop in the unemployment rate to 5.9% from 6.3% in October.

Ontario was Canada's job-gains leader, employing 44,000 more people, boosted largely by manufacturing and wholesale and resale trade; the province's unemployment rate was 5.5 per cent, its lowest since July 2000, Statistics Canada said.

BC Stats has yet to release a detailed, sector by sector analysis of provincial job numbers for November. And all of the net gain was in full-time positions.

The figure was close to the 1.6 percent growth analysts were expecting, after a rate of 4.3 percent (revised down from 4.5 percent) was posted in the previous period.

This year, the region is in the middle of the pack, with Vancouver Island and the Coast (4.4%), the Lower Mainland (4.1%), and the North Coast and Nechako (5%) posting lower unemployment rates. Canada added 80,000 jobs in November and much of the job growth was seen in the private sector. The gains were driven by full-time work, the report said.

The economy expanded at an annualized rate of 1.7 per cent in the third quarter of 2017 as weaker exports applied downward pressure on growth.

Investment in residential structures fell for a second-straight quarter - the first time since early 2013 that the category saw a decrease in two straight quarters.

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