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

The employment rate in Canada increased 0.5 percentage points over the month (+104,000 jobs), while the national unemployment rate decreased to 5.0% (-0.1% month-over-month), according to Statistics Canada’s most recent Labour Force Survey (December 2022).

Many immigrants to Canada come here for a better life, frequently involving a 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).