(Main picture: Barrie, ON which had the worst jobless rate at 8.8 percent according to the BMO Report)
All cities are not created equal when it comes to finding employment and the latest study out from the Bank Of Montreal (BMO’s Labour Market Report) has some interesting numbers.
Canada’s job market has been doing well lately with 335,000 full-time jobs over the past year being added. Unemployment is also low with a record of just 5.8 per cent in Canada.
The newest numbers show that it’s not just the big cities like Vancouver and Toronto anymore that are faring well for jobs. Here are the best (and worst) cities in Canada for work, according to BMO’s Labour Market Report and note no cities in niagara region made it on either list:
TOP 10
1. Moncton, New Brunswick
Previous year’s ranking: 33
Jobless rate: 5.7%
Employment growth over the past year: 9.9%
2. Abbotsford, British Columbia
Previous year’s ranking: 9
Jobless rate: 4.0%
Employment growth over the past year: 2.9%
3. Oshawa, ON
Previous year’s ranking: 19
Jobless rate: 4.5%
Employment growth over the past year: 3.3%
4. Vancouver, B.C.
Previous year’s ranking: 7
Jobless rate: 4.0%
Employment growth over the past year: 4.7%
5. Kelowna, British Columbia
Previous year’s ranking: 2
Jobless rate: 5.2%
Employment growth over the past year: 4.5%
6, Toronto, ON
Previous year’s ranking: 16
Jobless rate: 5.8%
Employment growth over the past year: 3.2%
7. Quebec City
Previous year’s ranking: 6
Jobless rate: 3.6%
Employment growth over the past year: 2.3%
8. Saskatoon, Saskatchewan
Previous year’s ranking: 21
Jobless rate: 6.5%
Employment growth over the past year: 1.4%
9. Edmonton, Alberta
Previous year’s ranking: 31
Jobless rate: 6.7%
Employment growth over the past year: 0.6%
10. Halifax, Nova Scotia
Previous year’s ranking: 14
Jobless rate: 6%
Employment growth over the past year: 3.6%
WORST 5 CITIES FOR JOBS
1. Saint John New Brunswick
Ranking: 33rd, down from 8th in the previous year
Jobless rate: 6.9%
Employment growth over the past year: -10.4%
2. St. John’s Newfoundland
Ranking: 32nd, same as last year
Jobless rate: 8.6%
Employment growth over the past year: -4%
3. Brantford, ON
Ranking: 31st, down 30 spots
Jobless rate: 6.7%
Employment growth over the past year: -2.2%
4. Barrie, ON
Ranking: 30th, down 18 spots in a year
Jobless rate: 8.8%
Employment growth over the past year: 2.3%
5. Sudbury, ON
Ranking: 29th, same as last year
Jobless rate: 6.8%
Employment growth over the past year: -1.2%
Bottom Line: The employment opportunities in Canada vary greatly. The jobless rate in March overall was at its worst in Barrie at 8.8 per cent while Quebec City was a winner with a jobless rate of only 3.6 per cent.
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