Employment in September
By Elli Davis, October 13, 2010
Photo by Bui Linh Ngan
Canada’s employment situation has worsened a little in September. The predictions that 10,000 jobs will be created did not come true and in reality, about 6,600 jobs have been shed. Nonetheless, the unemployment rate declined to exactly 8 percent from the 8.1 recorded in August, as 24, 400 people stopped searching for a job, Statistics Canada reported.
Full-time employment did not do that badly actually (even though the numbers were worse than the August data), it is part time jobs that caused the decline. Approximately 37,000 full time jobs were created last month but 43,700 part time jobs were lost. Ontario was once again among the least successful regions, with very significant job losses. On the opposite side, Alberta seems to be doing great, with only 6.2 percent unemployment.
I guess it is time to be concerned about the employment situation again. For a couple of months, it seemed to have stabilized and did not give us many reasons to worry, but all good things come to an end eventually.