High Job Creation in January
By Elli Davis, February 8, 2011
Growth by Sharon Mollerus
Canada's job creation was nearly four times more than originally forcast for January! According to Statistics Canada, employment in the country increased by 69,200 and the labour force went up by 106,400 over the last month. The majority of jobs, about 49,400, were created in the service sector.
Part-time employment in the country rose by 38,000, while full-time jobs saw a slightly smaller increase of 31,100. Paid employment went up by 49,100 and self-employment rose by 20,100. Hourly wages increased as well last month. From January 2010, they advanced by about 2.6 percent. Ontario did well in January too, with about 36,000 people starting a new job. All of these are positive figures. Just for comparison, in the US, the employment advanced a lot less than expected.
Well, I hope there is some more growth in the employment sector ahead of us. The unemployment rate increased slightly, going up from the December level of 7.6 percent to 7.8 percent. After the 22,000 jobs added in December, the January figures are great.