Christmas party, Unemployment falls back

 

Christmas party:  53% of Canadian workers expect to be entitled to one

Despite a sluggish economy, 53% of Canadian workers are expecting their boss to organize a holiday party. This is what the Bank of Montreal’s latest survey revealed, released a few days ago. Quebec employers are the most likely to organize a party for their employees (60%) while companies in the Atlantic provinces seem less likely to have celebrations (45%). These results show that employers remain committed to recognizing their employees’ contributions, even though the business environment is difficult. As to whether the party will be more generous than last year, 12% of employees think so, 18% say it will be reduced and the majority (60%) believe it will be similar.

 

Unemployment falls back to 7.2%

With a net creation of 59,000 jobs and a decline in unemployment of 0.2 percentage point, November was more positive than previous months on the job market. According to the latest data collected by Statistics Canada, the newly created jobs were mostly in Ontario (32,000), Quebec (18,000) and Alberta (10,000). On a sector basis, the employment gains in November were mainly in accommodation and restaurant services, in retail and wholesale trade, in professional, scientific and technical services and in agriculture. Another observation is that employment grew among women aged 25 to 54 and among young people aged 15 to 24.

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