February 10 2014 - Statistics Canada reported that employment rose by by 29,000 in January - mostly in full-time jobs.
while the unemployment rate fell by 0.2% to at 7.0%.
Employment is up by 146,000 compared with a year ago.
Prince Edward Island gained in employment while it fell in New Brunswick with little change elesewhere.
Seasonally adjusted, unemployment rates vary from 12.0% (Newfoundland and Labrador) to 4.3% (Saskatchewan).
Rates for all the provinces were (previous month in brackets):
- Newfoundland and Labrador 12.0% (10.8%)
- Prince Edward Island 11.3% (11.5%)
- Nova Scotia 8.6% (9.2%)
- New Brunswick 9.9% (9.7%)
- Quebec 7.5% (7.7%)
- Ontario 7.5% (7.9%)
- Manitoba 5.6% (5.5%)
- Saskatchewan 4.3% (3.9%)
- Alberta 4.6% (4.8%)
- British Columbia 6.4% (6.6%)
Ken Georgetti, Canadian Labour Congress President, commented:
"I am very concerned about the number and quality of jobs that have been created in Canada since the Great Recession and the
news is not good. The Finance Minister and other government keep trying to claim they have kept up in creating jobs but in fact the record
over the years is quite dismal. The skills of Canadian workers are being under-utilized."
He said that together with the official figure of 1,333,200 unemployed Canadians "You have to add to that the number of people
working in poorly-paid, part-time jobs who would like to be employed full-time. Add also the number of people who have become so discouraged
that they have given up looking for work. When you do that, you find that there were close to 2.8 million Canadians who were not able to
participate fully in the workforce in 2013. This is a great waste of talent and skill."
Canadian Labour Congress Chief Economist Sylvain Schetagne provided a quick analysis:
"The labour market is weaker than one might think from today's job numbers. After a drop of 46,000 jobs in December 2013,
employment rose by 29,400 in January 2014, so that the job losses in December were not recovered in January. The unemployment rate declined
to 7.0%, in part because the number of Canadians active in the labour market has declined by 20,900. Many discouraged people left the job market
after being unable to find decent jobs. Almost all of the job growth in January 2014 took place among the self-employed, with an addition of
28,300 jobs. Underemployment, which includes unemployed workers, those unable to secure full-time work and those who are discouraged from looking,
has not declined significantly in the past year. In 2013, 14.4%, or 2.8 million workers were unemployed or underemployed. In fact, the number of
jobs created in the last year was not enough to absorb population growth. Both the percentage of the working age population with a job and the
percentage of the population active in the labour market declined by 0.3% in the last 12 months. Finally, government austerity measures are
hurting job creation. There were 16,000 fewer jobs in public administration in January 2014, and a loss of 57,500 (-5.9%) in the last twelve months."