December 2022 Labour Force Survey: Employment across Canada rises by over 100,000 to wrap up the year

General trends in employment in Canada

Many immigrants to Canada come here in search of a better life, which frequently involves stable, well-paying job. The average hourly wage of workers in Canada is increasing at a healthy rate; it has been above 5% for seven consecutive months and is up 5.1% year over year, according to the Labour Force Survey for December 2022. (YOY).

It is important to note that the private sector is the driving force behind Canada's employment boom in addition to the increase in average hourly salaries across the country, as evidenced by the 112,000 increase in private-sector employment in December. Self-employment and employment in the public sector were comparatively unimportant elements over the past month.

In Canada, employment outcomes improved for a variety of different age groups, with the number of persons aged 15 to 24 having a job rising by 69,000 (+2.7%) and the number of people aged 55 and over having jobs rising by 31,000 (+31,000 jobs).

Employment trends by industry

In the healthcare and social assistance industry, total employment fell by 17,000 jobs (a drop of 0.7%) over the month of December. In the same timeframe, since the last Labour Force Survey, employment has grown across Canada in each of the following seven industries.

Construction:?Total employment in the construction industry across Canada rose by 35,000 jobs in December 2022, an increase of 2.3%.

Transportation and Warehousing:?The transportation and warehousing industry in this country saw employment increase by 29,000 jobs (3.0%) in December.

Information, Culture and Recreation:?25,000 more jobs were taken up in this industry across Canada to end 2022, an uptick of 3.1%.

Professional, Scientific, and Technical Services:?Employment in this industry rose by over 1% (+1.3%) as the number of people working in this industry grew by 23,000.