For Immediate release Vancouver, B.C. – Canada’s red-hot jobs market took a breather in July, posting employment gains of 10,900, up just 0.1 percent following much stronger job gains since late last year. As the labour force participation rate edged downward, the jobless rate fell 0.2 percentage points to 6.3 percent, its best reading in almost
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Labour Force
Canadian Unemployment Rate in July Falls to 6.3 percent- Lowest in Nearly Eight Years
on August 4th, 2017
Canadian Job Surge in January
on February 11th, 2017
January’s payroll gain was a huge 48,300, Statistics Canada said on Friday in Ottawa, well above economists’ forecast of a loss of 10,000 jobs. This follows a gain of a whopping 46,100 in December. The unemployment rate fell by 0.1 percentage points to 6.8%. Employment growth has been strong since August. Canada posted the best
Canadian Jobless Rate Falls as Labour Force Shrinks
on December 5th, 2016
Vancouver, B.C. – Following four consecutive months of job gains, Canadian employment increased by 11,000 (or 0.1%) in November. Economists had expected hiring to decline by 15,000 according to the Bloomberg News survey. The entire rise in employment, however, was in part-time jobs, as full-time hiring fell by 8,700. This pattern is particularly worrisome, as over the
