Canada Employment Change

Employment in Canada advanced by 91,000 in December 2024, the largest gain since January 2023, following a 51,000 rise in the previous month and exceeding market expectations of a 25,000 increase. The growth was driven by a 56,000 surge in full-time employment, marking the fourth consecutive monthly increase, while part-time employment rose by 34,000, ending a three-month decline. Significant job gains were recorded in educational services (+17,000), transportation and warehousing (+17,000), finance, insurance, real estate, rental and leasing (+16,000), and health care and social assistance (+16,000). Provincially, employment rose notably in Alberta (+35,000), Ontario (+23,000), British Columbia (+14,000), Nova Scotia (+7,400), and Saskatchewan (+4,000), while Manitoba saw a decline (-7,200). Employment remained largely unchanged in other provinces.