By Akhil Shah

OTTAWA (MNI) – Canadian non-farm payrolls increased 0.1% in
November, rebounding from a similar decrease in October, Statistics
Canada reported Thursday.

On a monthly basis average weekly earnings for the non-farm
payrolls remained unchanged in November and advanced 2.2% on an annual
basis.

Wage growth and changes in the composition of employment by
industry, occupation and level of experience continue to reflect the
earnings gain in 12 months to November.

Earnings growth was led by four of Canada’s largest industrial
sectors posting gains that exceeded the national average of 2.2%,
namely; administrative and support services, retail trade, professional,
scientific and technical services and manufacturing.

Widespread growth across most industries in the administrative and
support services sector and the manufacturing sector lifted earnings
4.9% and 2.5% respectively from November 2010, the agency reported.

Average weekly earnings in the retail trade sector also advanced
3.8%, while the professional, scientific and technical services
registered a 2.9% gain, led by pronounced increases in management,
scientific and technical consulting, accounting, tax preparation,
bookkeeping payroll services and architectural, engineering related
services.

Two of the highest paying industries also noted an increase in
earnings that surpassed the national average; they were utilities
(+7.8%) and mining, quarrying and oil and gas extraction (+3.7%).

Canadian non-farm payroll employment advanced by 12,300 in
November, edging up 0.1% from the month prior. Compared to a year ago
employment advanced 1.7% or by 247,700.

The increases were spread out in all sectors but significant
contribution came from retail trade, construction, manufacturing, health
care and social assistance, wholesale trade and mining, quarrying and
oil and gas extraction.

On an annual basis the total number of hours worked by hourly and
salaried employees declined 0.6% in November, from 33.1 hrs to 32.9 hrs.
Compared with October, average weekly hours were 0.3% lower and
contributed to the flat reading of average weekly earnings.

–Akhil Shah is a reporter with Need To Know News In Ottawa

** Market News International – Ottawa **

[TOPICS: M$C$$$,MAUDS$]