CANADA November 2025 Jobs Report

From our Chief Economist, Michael D. Cote, PhD

Canada's Job Numbers look frightening....

The link below explains that all new employment appears to be Part Time Positions. This is likely to continue in December and then reverse itself in January.

Report Highlights:

• +54,000 jobs month-over-month (+0.3%), the third straight monthly increase
• Unemployment rate: 6.5%, down 0.4 points from October – lowest in about 16 months
• Employment rate: up to 60.9%, a 0.1 point improvement
• Gains were driven mainly by part-time roles and strong growth among youth (15–24), who added about 50,000 jobs in November alone
• Sectors showing strength include health care and social assistance, accommodation and food services, and natural resources, while wholesale and retail trade saw declines.

What this means:

For employers Labour demand is picking up again. If you know you will need talent in early 2026, this is the time to plan your postings, interview process, and budget, not after everyone else starts hiring.

For job seekers The market is not perfect, but momentum is back on your side. Refresh your resume, update your LinkedIn, and start getting in front of employers while they are opening roles, not after they are flooded with applicants.

Click here to see the full report from Statistics Canada.