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Good jobs creation and low unemployment rates are pivotal to GDP growth and construction activity.

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Ranking of Canadian Provincial Labour Markets

In October 2021, British Columbia was the only province to record an unemployment rate (5.6%) lower than the total Canada figure (6.7%) and a year-over-year jobs increase (+4.9%) greater than the country-wide advance (+3.7%).

The latest data is for October, 2021.

Data source: Statistics Canada / Chart: ConstructConnect-CanaData.

Canadian Provincial Labour Markets

Ontario is currently accounting for the largest portion (49.5% or half) of the national year-over-year jobs advance. In second spot is B.C. (18.5%). Third and fourth places go to Quebec (15.9%) and Alberta (11.2%). By way of comparison, the shares of Canada's total population are: Ontario, 38.8%; Quebec, 22.5%; B.C. 13.5%; and Alberta, 11.7%. ... Ontario and B.C. are 'punching above their weight' in jobs creation.

Data source (seasonally adjusted figures): Statistics Canada/Tables: ConstructConnect — CanaData.