{"id":14553,"date":"2024-12-06T13:53:03","date_gmt":"2024-12-06T18:53:03","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=14553"},"modified":"2024-12-06T13:53:04","modified_gmt":"2024-12-06T18:53:04","slug":"november-labour-force-survey-unemployment-jumps-on-higher-participation","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/","title":{"rendered":"November Labour Force Survey: Unemployment Jumps on Higher Participation"},"content":{"rendered":"\n<p>The November job numbers threw a few curveballs. Employment growth came in surprisingly hot, keeping up with rapid population growth for just the second time in 2024. However, the details weren\u2019t as strong. Private sector job growth was soft, with nearly all the net gains coming from the public sector, while total hours worked edged down.&nbsp;<\/p>\n\n\n\n<p>Most eye-catching though was a jump in the unemployment rate, to 6.8% from 6.5% in October. This change occurred despite a steady headline employment rate, but it wasn\u2019t necessarily a sign of new weakness. Rather, the rise of the unemployment rate over the past year had understated how much the job market had deteriorated, as it occurred alongside declines in the labour force participation rate. Participation rebounded somewhat in November, and with more people on the job hunt \u2014 one of the requirements to be considered unemployed \u2014 the official jobless rate moved higher. As a result, the rise in unemployment doesn\u2019t just reflect a drop in conditions in November itself, but rather highlights the steady weakening of the labour market in 2024 more generally.&nbsp;<\/p>\n\n\n\n<p>Wage growth also showed some shifts in November. Hourly earnings grew 4.1% over the past year, a notable step down from the near 5% pace prevailing recently. Wage growth hasn\u2019t been this slow since May 2022, and it was striking how persistent elevated pay gains remained even as the labour market, and inflation, cooled. This could be a sign that one of the last remnants of the hot post-pandemic labour market is starting to fade, as a divergence between wage growth and the broader economy can only last for so long.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wage growth fell to its slowest pace since 2022.<\/p>\n","protected":false},"author":103,"featured_media":14554,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"recruiter-hub-blocks.php","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[1],"tags":[607],"post_mwm_category":[715],"post_topic":[],"post_content_type":[],"post_duration":[],"post_actions":[],"post_franchise":[],"post_mwm_author":[670],"class_list":["post-14553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_mwm_category-state-of-the-labour-market","post_mwm_author-bbernard"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>November Labour Force Survey: Unemployment Jumps on Higher Participation - Indeed Hiring Lab Canada<\/title>\n<meta name=\"description\" content=\"According to the latest November Labour Force Survey, wage growth fell to its slowest pace since 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"November Labour Force Survey: Unemployment Jumps on Higher Participation - Indeed Hiring Lab Canada\" \/>\n<meta property=\"og:description\" content=\"According to the latest November Labour Force Survey, wage growth fell to its slowest pace since 2022.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/\" \/>\n<meta property=\"og:site_name\" content=\"Indeed Hiring Lab Canada\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-06T18:53:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-06T18:53:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/12\/unnamed-6.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"960\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Brendon Bernard\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/\"},\"author\":{\"name\":\"ltheissen\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353\"},\"headline\":\"November Labour Force Survey: Unemployment Jumps on Higher Participation\",\"datePublished\":\"2024-12-06T18:53:03+00:00\",\"dateModified\":\"2024-12-06T18:53:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/\"},\"wordCount\":279,\"image\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/12\/02120532\/unnamed-6.png\",\"keywords\":[\"Featured\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/\",\"url\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/\",\"name\":\"November Labour Force Survey: Unemployment Jumps on Higher Participation - Indeed Hiring Lab Canada\",\"isPartOf\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/12\/02120532\/unnamed-6.png\",\"datePublished\":\"2024-12-06T18:53:03+00:00\",\"dateModified\":\"2024-12-06T18:53:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353\"},\"description\":\"According to the latest November Labour Force Survey, wage growth fell to its slowest pace since 2022.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#primaryimage\",\"url\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/12\/02120532\/unnamed-6.png\",\"contentUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/12\/02120532\/unnamed-6.png\",\"width\":1600,\"height\":960,\"caption\":\"Line chart titled \u201cWage growth dropped in November\u201d shows the year-over-year pace of Canadian wage growth from July 2022 to November 2024, with different coloured lines representing headline average wage growth and fixed-weight wage growth. After trending around 5% over the past year, headline wage growth dropped in November to 4.1%, while fixed-weight growth, which was somewhat lower, fell to 3.5%.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.hiringlab.org\/en-ca\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"November Labour Force Survey: Unemployment Jumps on Higher Participation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#website\",\"url\":\"https:\/\/www.hiringlab.org\/en-ca\/\",\"name\":\"Indeed Hiring Lab Canada\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.hiringlab.org\/en-ca\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353\",\"name\":\"ltheissen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g\",\"caption\":\"ltheissen\"},\"url\":\"https:\/\/www.hiringlab.org\/en-ca\/author\/ltheissen\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"November Labour Force Survey: Unemployment Jumps on Higher Participation - Indeed Hiring Lab Canada","description":"According to the latest November Labour Force Survey, wage growth fell to its slowest pace since 2022.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/","og_locale":"en_US","og_type":"article","og_title":"November Labour Force Survey: Unemployment Jumps on Higher Participation - Indeed Hiring Lab Canada","og_description":"According to the latest November Labour Force Survey, wage growth fell to its slowest pace since 2022.","og_url":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/","og_site_name":"Indeed Hiring Lab Canada","article_published_time":"2024-12-06T18:53:03+00:00","article_modified_time":"2024-12-06T18:53:04+00:00","og_image":[{"width":1600,"height":960,"url":"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/12\/unnamed-6.png","type":"image\/png"}],"author":"Brendon Bernard","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#article","isPartOf":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/"},"author":{"name":"ltheissen","@id":"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353"},"headline":"November Labour Force Survey: Unemployment Jumps on Higher Participation","datePublished":"2024-12-06T18:53:03+00:00","dateModified":"2024-12-06T18:53:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/"},"wordCount":279,"image":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#primaryimage"},"thumbnailUrl":"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/12\/02120532\/unnamed-6.png","keywords":["Featured"],"inLanguage":"en-CA"},{"@type":"WebPage","@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/","url":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/","name":"November Labour Force Survey: Unemployment Jumps on Higher Participation - Indeed Hiring Lab Canada","isPartOf":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#primaryimage"},"image":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#primaryimage"},"thumbnailUrl":"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/12\/02120532\/unnamed-6.png","datePublished":"2024-12-06T18:53:03+00:00","dateModified":"2024-12-06T18:53:04+00:00","author":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353"},"description":"According to the latest November Labour Force Survey, wage growth fell to its slowest pace since 2022.","breadcrumb":{"@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#primaryimage","url":"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/12\/02120532\/unnamed-6.png","contentUrl":"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2024\/12\/02120532\/unnamed-6.png","width":1600,"height":960,"caption":"Line chart titled \u201cWage growth dropped in November\u201d shows the year-over-year pace of Canadian wage growth from July 2022 to November 2024, with different coloured lines representing headline average wage growth and fixed-weight wage growth. After trending around 5% over the past year, headline wage growth dropped in November to 4.1%, while fixed-weight growth, which was somewhat lower, fell to 3.5%."},{"@type":"BreadcrumbList","@id":"https:\/\/www.hiringlab.org\/en-ca\/2024\/12\/06\/november-labour-force-survey-unemployment-jumps-on-higher-participation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.hiringlab.org\/en-ca\/"},{"@type":"ListItem","position":2,"name":"November Labour Force Survey: Unemployment Jumps on Higher Participation"}]},{"@type":"WebSite","@id":"https:\/\/www.hiringlab.org\/en-ca\/#website","url":"https:\/\/www.hiringlab.org\/en-ca\/","name":"Indeed Hiring Lab Canada","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.hiringlab.org\/en-ca\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":"Person","@id":"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/4b5c7a64267b1cb495fb45e90277f353","name":"ltheissen","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6367a954a4c7eb916945e225eca8caf2ceb055d42150b6a655ede10de2750ac2?s=96&d=mm&r=g","caption":"ltheissen"},"url":"https:\/\/www.hiringlab.org\/en-ca\/author\/ltheissen\/"}]}},"_links":{"self":[{"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/posts\/14553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/comments?post=14553"}],"version-history":[{"count":0,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/posts\/14553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/media\/14554"}],"wp:attachment":[{"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/media?parent=14553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/categories?post=14553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/tags?post=14553"},{"taxonomy":"post_mwm_category","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_mwm_category?post=14553"},{"taxonomy":"post_topic","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_topic?post=14553"},{"taxonomy":"post_content_type","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_content_type?post=14553"},{"taxonomy":"post_duration","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_duration?post=14553"},{"taxonomy":"post_actions","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_actions?post=14553"},{"taxonomy":"post_franchise","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_franchise?post=14553"},{"taxonomy":"post_mwm_author","embeddable":true,"href":"https:\/\/www.hiringlab.org\/en-ca\/wp-json\/wp\/v2\/post_mwm_author?post=14553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}