Part-time work fuels boost in jobs

OTTAWA -- The Canadian labour force received a boost of 22,800 net jobs last month, thanks to a big gain in part-time work, Statistics Canada said Friday.

See Full Article

The federal agency's latest jobs survey found that positions in the more-desirable category of full-time employment actually fell in December by 6,400. The economy added 29,200 part-time jobs last month.

A closer look at the jobs data also showed that self-employed positions rose by 40,300 last month.

The national unemployment rate for December remained unchanged at 7.1 per cent.

"Don't pull the curtain back to look behind the strong Canadian employment gain in December, because the picture doesn't look nearly as pretty when you do," said Avery Shenfeld of CIBC Economics in a note to clients.

"All told, a nice headline masking a continuing trend for weak hiring by private sector companies in Canada."

A consensus of economists had projected the economy would add 10,000 positions last month and for the jobless rate to stay at 7.1 per cent, according to Thomson Reuters.

By region, the report said Ontario's unemployment rate dropped to 6.7 per cent from 6.9 per cent as it added 34,900 net positions in December, including increases of 26,600 jobs in the services sector and 8,200 in goods production.

The December increase follows a drop of 35,700 jobs in November, a decline largely caused by the previous month's rise in temporary work likely generated by the federal election.

The report released Friday also contained a year-end review that said national employment rose by 0.9 per cent in 2015 as the labour force bulked up by 158,000 net jobs.

The 2015 employment growth rate was slightly stronger than in 2014 and 2013, when the overall number of jobs expanded by just 0.7 per cent in each of those years.

Employment in British Columbia grew by 2.3 per cent last year -- the highest rate of any province -- as it added 52,000 jobs.

Resource-rich Newfoundland and Labrador was the only province that experienced a decline in employment last year. Its employment rate decreased 1.8 per cent as it shed 4,300 jobs. For 2015, the provincial unemployment rate rose 2.6 percentage points to 14.4 per cent.

The year-end data says employment fell by 6.8 per cent in the battered natural resources industry following the sharp slide in commodity prices. The manufacturing sector, which was expected to benefit from the lower dollar, increased by 2.1 per cent in 2015.

Statistics Canada also released fresh figures Friday on building permits.

The agency said municipalities issued $6.2 billion worth of building permits in November, down 19.6 per cent from October.

The value of residential building permits totalled $4 billion in November, a decline of 17.8 per cent from the previous month. Meanwhile, permits for non-residential buildings in November was $2.2 billion, which was 22.7 per cent lower than October.

Canada's national unemployment rate was 7.1 per cent in December. Here's what happened provincially (previous month in brackets):

  • Newfoundland and Labrador 14.4 per cent (13.0)
  • Prince Edward Island 9.7 (10.4)
  • Nova Scotia 8.6 (8.6)
  • New Brunswick 8.9 (8.7)
  • Quebec 7.8 (7.5)
  • Ontario 6.7 (6.9)
  • Manitoba 5.9 (6.1)
  • Saskatchewan 5.5 (5.5)
  • Alberta 7.0 (7.0)
  • British Columbia 6.7 (6.2)

Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities but cautions the figures may fluctuate widely because they are based on small statistical samples. (Previous month in brackets.)

  • St. John's, N.L. 6.4 per cent (6.2)
  • Halifax 6.2 (6.1)
  • Moncton, N.B. 6.2 (5.8)
  • Saint John, N.B. 7.7 (7.3)
  • Saguenay, Que. 7.5 (7.6)
  • Quebec 4.9 (4.8)
  • Sherbrooke, Que. 6.6 (6.3)
  • Trois-Rivieres, Que. 7.3 (6.9)
  • Montreal 8.7 (8.6)
  • Gatineau, Que. 6.1 (6.4)
  • Ottawa 6.3 (6.3)
  • Kingston, Ont. 6.5 (6.7)
  • Peterborough, Ont. 7.6 (8.6)
  • Oshawa, Ont. 7.0 (7.8)
  • Toronto 7.0 (7.0)
  • Hamilton, Ont. 5.9 (6.0)
  • St. Catharines-Niagara, Ont. 8.0 (7.8)
  • Kitchener-Cambridge-Waterloo, Ont. 6.4 (5.9)
  • Brantford, Ont. 4.9 (5.4)
  • Guelph, Ont. 4.2 (4.2)
  • London, Ont. 6.2 (6.8)
  • Windsor, Ont. 9.7 (10.0)
  • Barrie, Ont. 6.4 (6.1)
  • Sudbury, Ont. 8.4 (8.2)
  • Thunder Bay, Ont. 5.7 (5.3)
  • Winnipeg 6.1 (5.7)
  • Regina 4.1 (4.0)
  • Saskatoon 6.4 (6.1)
  • Calgary 7.0 (6.9)
  • Edmonton 6.2 (6.1)
  • Kelowna, B.C. 6.7 (6.2)
  • Abbotsford, B.C. 7.6 (7.2)
  • Vancouver 5.7 (5.8)
  • Victoria 6.1 (6.3)


Advertisements

Latest Economic News

  • U.S. congressional committee hearing on current and proposed tariff actions LIVE

    Economic CBC News
    Contact CBC Audience Relations, CBC P.O. Box 500 Station A Toronto, ON Canada, M5W 1E6 Toll-free (Canada only): 1-866-306-4636 TTY/Teletype writer: 1-866-220-6045Contact Us Source
  • Employers now face a time crunch on pot policy

    Economic CTV News
    Employers across Canada are grappling with the new reality of recreational marijuana becoming legal following the passage of Bill C-45 in the Senate. The pending change will mean decades-old workplace policies on the drug will need to be adjusted, and new safety concerns considered. Source
  • Canadian pot company spins out U.S. assets into separate company to stay on right side of law

    Economic CBC News
    Canada's second largest cannabis company plans to place its U.S. assets into a new separate company that will focus on investing in the cannabis and real estate sector there. TSX-listed Aurora Cannabis said Wednesday it plans to distribute units of its subsidiary Australis Capital Inc. Source
  • Couple wants compensation after missing cruise due to flight delays

    Economic CTV News
    An Ontario couple is seeking compensation from an airline after they missed three days of a cruise vacation because their flight was delayed twice. Stephen and Karen Tepperman arrived early at Toronto Pearson International Airport for what was supposed to be a dream holiday to celebrate their 40th wedding anniversary. Source
  • Delta orders 20 Bombardier CRJ900 regional jets: list price US$961 million

    Economic CTV News
    MONTREAL -- Bombardier Inc. says Delta Air Lines Inc. will buy 20 CRJ900 regional jets with a list price totalling about US$961 million. The actual price paid by Delta for the 70-seat planes hasn't been announced. Source
  • U.S. Commerce Secretary Wilbur Ross denies any wrongdoing in shorting stock

    Economic CBC News
    Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company. Source
  • Markets have farther to fall if Trump won't back down on trade: Don Pittis

    Economic CBC News
    Business leaders have repeatedly warned that U.S. President Donald Trump's global trade war will hurt, not help, most U.S. companies. So why haven't we seen markets swoon? Yesterday, many shares, including automotive companies, were down sharply. Asian stocks fell too as the U.S. Source
  • Asian stocks take breather from trade tension

    Economic CTV News
    SINGAPORE - Asian markets were mixed on Wednesday as traders sidelined tariffs that the U.S. and China have threatened to impose on one another, focusing on positive housing data instead. KEEPING SCORE: Japan's benchmark Nikkei 225 index rose less than 0.1 per cent to 22,287.42 and South Korea's Kospi gained 0.9 per cent to 2,361.39 in early trading. Source
  • Global stocks rise, unfazed by U.S.-China tensions

    Economic CTV News
    SINGAPORE -- Stock markets rose Wednesday as investors rallied around signs that the global economy was on track despite heated exchanges between the world's two largest economies over trade. KEEPING SCORE: Germany's DAX was up 0.1 per cent to 12,692 and France's CAC 40 added 0.2 per cent to 5,400. Source
  • Pensions to be clawed back from overpaid Sears retirees

    Economic CBC News
    Sears Canada pensioners have been dealt another financial setback. The company that took over the defunct retailer's pension plan says former employees have been getting paid too much — and now they have to pay it back. Source