Jobless Rate Down, Labour Participation Rate Up In Windsor

Jobless Rate Down, Labour Participation Rate Up In Windsor

Jobless Rate Down, Labour Participation Rate Up In Windsor

The National Capital Region continued to lower its unemployment rate in January, adding 4,600 jobs in the first month of the year according to data released Friday by Statistics Canada.

Ontario lost 59,300 part-time positions and created 8,500 full-time spots.

Provincial summary The drop in the number of people employed also coincided with an increase in the minimum wage in Canada's largest province, Ontario.

Porter said there were some special factors in January including the minimum wage hike in Ontario, harsh winter weather which affected construction and an inevitable pullback after exceptionally strong job growth in 2017.

"The June quarter survey showed zero employment growth and a drop in the participation rate, followed by a surge in both measures in the September quarter", he said.

In Saskatchewan, the unemployment rate fell 1.1 per cent to 5.4 over the revised 6.5 per cent number from December.

Statistics Canada says the economy lost 88000 jobs in January

"Overall, a mysterious mix of good and bad, with the latter's impact blunted by how strong job gains were in the leadup to these figures", CIBC chief economist Avery Shenfeld wrote in a research note to clients. The survey also detected stronger wage growth in January of 3.3 per cent, which also led some to point out possible connections to Ontario.

The largest employment declines were in Ontario and Quebec.

Ontario's Economic Development Minister Steven Del Duca ‎dismissed concerns that the drop in part-time jobs was due to the government's decision to raise the minimum wage to $14 five weeks ago, an increase of $2.40 per hour that many businesses said was too much. She cited the full-time job gain, faster wages and a low unemployment rate as signs of a resilient labor market.

Ontario's mandatory minimum hourly rate is set for another bump in January 2019, when it will rise to $15.

Overall, 88,000 jobs were lost in January - the steepest one-month decline in the Canadian labour market in nine years. By comparison, the number of people who identified as self-employed workers - often seen as a less desirable category that includes unpaid work in a family business - increased last month by 23,900. "But the details are also looking wonky, with all of the job losses in part-time work".

With files from the Canadian Press. He said it reinforces the view that the Bank of Canada will proceed "ultra-cautiously" through the rest of 2018.

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