Employment Situation Improved
By Elli Davis, January 14, 2011
Maple Leaves by Mark Theriault
The end of the year was pretty successful in relation to the employment situation in our country, it seems. As Statistics Canada reported, approximately 22,000 new jobs were created in the last month of 2010 and the unemployment rate remained at the level of 7.6 percent.
Decreases in self-employment were recorded, but full time and part time employment made up for that completely. The former went up by 1.9 percent, or 38,000 and this rise was actually the fourth one in the last five months. Part time employment grew even more noticeably, by 3.4 percent. Ontario did quite well in December too. The unemployment rate here fell by 0.1 percent, to 8.1 percent. If compared to December 2009, the workforce in the province rose by 2.8 percent, which is more than the national average, 2.2 percent.
This is great news! It is good to see that some parts of our economy are improving nicely. Let's continue this trend in 2011!