Statistics Canada November Labour Force Snapshot: Unemployment Dips Slightly to 8.5%

By on December 4, 2020 at 2:04pm

According to the November Labour Force Survey Report from Statistics Canada, employment rose by 62,100 (+0.3%) in November, following an increase of 0.5% in October, while the unemployment rate was 8.5%.

This month’s report reflects many provinces beginning to introduce targeted public health measures in response to rising COVID-19 numbers. In early November, restrictions related to indoor dining and fitness facilities were eased in Ontario, while in Manitoba new measures affecting restaurants, recreational facilities and retail businesses were introduced. Much of Quebec remained at the "red" alert level in November, leading to the ongoing closure of indoor dining and many recreational and cultural facilities.

Following little change in October, employment growth resumed in the goods-producing sector (+44,000; +1.2%), with most of the increase in construction. Employment fell in two industries –information, culture and recreation and accommodation and food services – as these industries continued to face the headwinds of new and continuing public health measures. These losses were offset by gains in industries less directly affected by the restrictions in place during the Labour Force Survey reference week, including retail trade; transportation and warehousing; and finance, insurance, real estate and rental and leasing.

What employers need to know

Your team has been working hard these past several months, and there’s a strong chance at least some of them are feeling overworked and losing steam. Research by our company found that over a third of workers are more burned out today compared to a year ago. Of those respondents, 40 per cent said a fuller plate was the top reason for rising levels of fatigue. 

What can you do to support your team, especially now, when you’re probably facing an end-of-year crunch? Hiring seasonal workers is one strategy. Many companies turn to skilled interim professionals for assistance during those times of year when workloads spike or staff members take vacation. 

Temporary professionals can help ease the pressure on your core team while keeping critical projects moving forward. And through Robert Half, you can find skilled professionals to work remotely or on-site, depending on your needs.

What job seekers need to know

The end of the year shouldn’t bring your job search to a halt. You might think employers suspend their hiring efforts during the holiday season. But many companies remain in hiring mode through the end of the year, as they use remaining budget and look to staff critical roles for initiatives planned for 2021.

That said, most employers remain selective when adding new employees. So when meeting with hiring managers, you’ll want to highlight the value you can bring to the organization. Emphasize how you have made a difference at other companies. And be prepared to explain clearly why you’re interested in this job and being a part of this company. 

Consider working with a recruiter as you make your year-end push to find a new job. A staffing specialist with knowledge of your industry can help you cover more ground and even turn up opportunities that may still be under the radar. 

Robert Half’s recruiters can help connect you with remote and on-site jobs in your local market — or even beyond. Even better: They advocate for you during the job search process, so an employer can see your potential even more clearly — and you can find a new position that aligns well with your skills, experience and career goals.

 

 

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