NEWS
 
25,800 New Jobs Created in Canada in May
Statistics Canada says the economy created about 25,800 net new jobs in May.
6 0

Statistics Canada says the economy created about 25,800
net new jobs last month, although all of them were part-time and the
unemployment rate edged up to seven per cent as more Canadians went
looking for work in May.

In terms of full-time work, the agency says the economy actually shed 29,100 jobs, a poor result that was papered over by the gain of 54,900 part-time jobs.

The net gain was in line with what the economists had forecast following April's surprise 29,000 employment loss, although the consensus makes no distinction between part-time and full-time.

Even so, the May bounceback on net jobs only served to confirm the weakness of Canada's labour market over the past year or so.  The agency notes that over the last 12 months, only 86,000 net new jobs have been created _ or a mere 0.5 per cent increase _ with all the growth part-time.

If there was a bright element to the report, it was that employers added 66,200 workers in May, as 40,400 left the self-employed class.

Regionally, the agency says the biggest draw of jobs came in resource-rich Alberta, which picked up 16,400 workers. Most other provinces showed little change in relationship to their population, except for Newfoundland and Labrador, which lost 4,100 jobs, all full-time.

Leave a comment:

showing all comments · Subscribe to comments
  1. Sonny posted on 06/06/2014 04:01 PM
    When the Cons came to power in 2006 the Unemployment rate was 6.4% Now it is higher despite giving a 6% tax cut to Corporations who are hoarding $626 Billion CDN in cash!
    1. tanjo posted on 06/06/2014 04:24 PM
      @Sonny Yes, but my investments are doing really good!

      Take note, everyone. Hudak would call this a "success".
    2. █Alèx posted on 06/06/2014 07:41 PM
      @tanjo Pèrfèct tïtlè ïn thè Toronto Stär!!!█

      ""Ontario election pits tainted Liberals against dangerous Tories: Walkom"" - See more at: http://www.newstalk1010.com/election/ontario/2014/06/06/poll-tories-liberals-in-a-dead-heat#sthash.IFZ8wVzr.dpuf
  2. Chris posted on 06/06/2014 07:06 PM
    Hudak should be running for Harper's job instead of Premier of Ontario and Canada would be better off. Under his Million Dollar job plan he would create 125,000 jobs a year over 8 years, or 39,000 more per year according to Stats Can. He certainly is wasting his talent.
    1. █Alèx█ posted on 06/06/2014 07:13 PM
      @Chris █Evèryonè cän pïècmèäl togèthèr 2 or 3 of Hudäks pärttïmèr jobs änd lïvè hïgh off thè hog!!!█
    2. Jack posted on 06/06/2014 07:16 PM
      @█Alèx█ There is no evidence besides your disjointed ramblings that Tim Hudak's plan involves any part-time jobs at all. Continue lying if you like, but I'll continue pointing it out when you do.
showing all comments

@NEWSTALK1010

Facebook

DON'T MISS

IN-DEPTH AND INTERACTIVE

MISSED THE SHOW? DON'T MISS THIS!

Aaron Waxman & Associates present the 4th annual IN-DEPTH AND INTERACTIVE -- if you missed the show, DON'T WORRY. You can check out video and pics RIGHT HERE

NEWS ALERTS

STAY CONNECTED

Sign up for out Breaking News Alerts and receive up-to-the-minute coverage of the top stories of the day

 
6 0

Statistics Canada says the economy created about 25,800
net new jobs last month, although all of them were part-time and the
unemployment rate edged up to seven per cent as more Canadians went
looking for work in May.

In terms of full-time work, the agency says the economy actually shed 29,100 jobs, a poor result that was papered over by the gain of 54,900 part-time jobs.

The net gain was in line with what the economists had forecast following April's surprise 29,000 employment loss, although the consensus makes no distinction between part-time and full-time.

Even so, the May bounceback on net jobs only served to confirm the weakness of Canada's labour market over the past year or so.  The agency notes that over the last 12 months, only 86,000 net new jobs have been created _ or a mere 0.5 per cent increase _ with all the growth part-time.

If there was a bright element to the report, it was that employers added 66,200 workers in May, as 40,400 left the self-employed class.

Regionally, the agency says the biggest draw of jobs came in resource-rich Alberta, which picked up 16,400 workers. Most other provinces showed little change in relationship to their population, except for Newfoundland and Labrador, which lost 4,100 jobs, all full-time.

Leave a comment:

showing all comments · Subscribe to comments
  1. Sonny posted on 06/06/2014 04:01 PM
    When the Cons came to power in 2006 the Unemployment rate was 6.4% Now it is higher despite giving a 6% tax cut to Corporations who are hoarding $626 Billion CDN in cash!
    1. tanjo posted on 06/06/2014 04:24 PM
      @Sonny Yes, but my investments are doing really good!

      Take note, everyone. Hudak would call this a "success".
    2. █Alèx posted on 06/06/2014 07:41 PM
      @tanjo Pèrfèct tïtlè ïn thè Toronto Stär!!!█

      ""Ontario election pits tainted Liberals against dangerous Tories: Walkom"" - See more at: http://www.newstalk1010.com/election/ontario/2014/06/06/poll-tories-liberals-in-a-dead-heat#sthash.IFZ8wVzr.dpuf
  2. Chris posted on 06/06/2014 07:06 PM
    Hudak should be running for Harper's job instead of Premier of Ontario and Canada would be better off. Under his Million Dollar job plan he would create 125,000 jobs a year over 8 years, or 39,000 more per year according to Stats Can. He certainly is wasting his talent.
    1. █Alèx█ posted on 06/06/2014 07:13 PM
      @Chris █Evèryonè cän pïècmèäl togèthèr 2 or 3 of Hudäks pärttïmèr jobs änd lïvè hïgh off thè hog!!!█
    2. Jack posted on 06/06/2014 07:16 PM
      @█Alèx█ There is no evidence besides your disjointed ramblings that Tim Hudak's plan involves any part-time jobs at all. Continue lying if you like, but I'll continue pointing it out when you do.
showing all comments

Top stories

Toronto Medical Officer of Health says they pose a health risk...

Poll

Doctors say only 26 of the 500 people who offered their liver to Sens owner Eugene Melnyk would donate to someone else. What do you think about that?

Voting is restricted to one vote every 24 hours 24 hour(s) VoteResults