”Employment in Alberta, home to Canada’s oil industry, has climbed 3.2 per cent over the course of a year, compared to just 0.1 per cent for the rest of Canada.
“That’s +71,200 jobs for Alberta and $14,300 for the rest of the country – note that Alberta accounts for just over 11 per cent of the country’s population,” Mr. Reitzes said.
“Six of 10 provinces saw employment drop below year-ago levels, including all five east of Ontario,” he added.
Employment edged up by 26,000 in May, driven by gains in part-time work. The unemployment rate increased 0.1 percentage points to 7.0% as there were more people in the labour market. Overall employment growth has been subdued since August 2013. In the 12 months to May, employment increased by 86,000 or 0.5%, with all the growth in part time. Over the same period, the number of …Continue reading
The Bank of Canada says the country’s job-creation record since the recession is likely a little less impressive than the fall in the unemployment rate would suggest. The central bank says in a new research paper that the unemployment rate, although the most quoted measure of labour market health, has overestimated the jobs recovery in … Continue reading
Canada – Statcan job numbers: the measurements don’t even address the most interesting information says Don Drummond
Statistics Canada’s survey presents the number of jobs created or lost for the given month, as well as the unemployment rate. Don Drummond, an economist who wrote a report for the government five years ago on how to improve the country’s labour-market data, said the concerns over the Labour Force Survey lie in the limitations … Continue reading