Part time work, private sector add 48,300 jobs in January
Increases helped drop the unemployment rate to 6.8% from 6.9%.
OTTAWA — The national labour market unexpectedly added 48,300 jobs last month thanks to surges in part-time and private-sector work, Statistics Canada said.
The agency’s January employment survey showed an increase of 32,400 part-time positions and a smaller gain of 15,800 jobs in the more-desirable category of full-time work. Both numbers, however, were too low to be deemed statistically significant.
The report also found that private-sector jobs rose 32,400 between December and January, compared with an increase of 7,700 public-sector positions.
The increases helped drop the unemployment rate last month to 6.8% from 6.9%.
Economists had projected the job numbers to stay unchanged last month and for the unemployment rate to hold at 6.9%, according to Thomson Reuters.
The vast majority of the new jobs – or 42,600 positions – were created in the services sector, with the bulk of those concentrated in areas such as finance, insurance, real estate, business management, transportation and warehousing.
The number of factory jobs in Canada increased by 5,600 positions last month.
The category of self-employed positions added 8,200 last month while paid employee jobs climbed by 40,000.
The country’s job market has seen gains in five out of the last six monthly reports.
In December, the overall labour force expanded by 53,700 net jobs compared to the previous month.
Looking back 12 months, Canada gained 276,100 net new jobs overall with the addition of 86,200 full-time positions and 189,900 part-time jobs.
Among the provinces, Ontario gained the most jobs last month with 28,800 new positions, an increase of 0.4% compared with December. Most of those new jobs – or 23,500 positions – were part time.
The overall number of jobs in Alberta last month was essentially unchanged compared to December, but the province did shed 24,300 full-time positions.
The report was stronger for BC, which gained 11,200 net new positions last month thanks to a month-over-month increase of 25,400 full-time jobs.
Statistics Canada also found the national youth unemployment rate rose in January to 13.3%, up from 12.6%.News from © Canadian Press Enterprises Inc. 2016