Canada blows past forecasts by adding 67,000 new jobs in January

The services sector saw a gain of 99,200 positions, led by new work in wholesale and retail trade, while the goods-producing industries experienced a net loss of 32,300 jobs, the report said.

According to numbers released by Statistics Canada today (Feb. 8), the unemployment rate increased in Prince George to six per cent, which is up from 5.8 in December.

In the Edmonton census metropolitan area, the unemployment rate rose from 6.3 per cent in December to 6.4 per cent in January.

(StatsCan warns with unadjusted data, one can not make month-to-month comparisons since different seasonal factors influence each month).

The numbers, however, don't come close to matching the 12-month unemployment low in October, when the rate stood at 7.3 per cent.

The average year-over-year wage growth of permanent employees, which is closely watched by the central bank, was 1.8 percent in January, up slightly from 1.5 percent in December. "That blew past expectations for a modest 5,000 gain", said Royce Mendes, an economist with CIBC Economics.

US officer at border crossing shoots driver going to Mexico
Mexican border officials surrounded the truck and discovered the driver was dead, and arrested a passenger. Illegal crossings in that area have dropped steeply in recent years.

Halyk said the Workforce Planning Board's new labour market report was titled Help Wanted: Building the Talent Pool because so many employers are struggling to find workers. In fact, 2018 was B.C.'s highest annual wage growth in the past 10 years. One year ago, the region's unemployment rate was 6.6 per cent.

The jobless rate, in Canada, for men 25 years of age or older was 5.2%.

Capital Economics also thinks the surprising job gains won't change the Bank of Canada's mind.

When comparing the Lethbridge-Medicine Hat region, the unemployment rate is at 5.4 per cent, up from 4.5 per cent last month, according to the province's labour force statistics. Many analysts expect governor Stephen Poloz to wait until much later in 2019 before making a move.

"Wages continued to rise in January, with B.C. among the top provinces for year-over-year growth".

Related News:



Most liked

Valentine's Day 2019: Fortnite gears up with Share the Love Event
Epic have also announced a Share the Love Competitive Series, with placement matches set to take place on February 9th and 10th. The four divisions for the series are the Open Division, Prospect Division, Contender Division, and Champion Division.

UEFA President Ceferin Re-Elected, Says He Won't Be FIFA 'Yes Man'
Ceferin said while he leads UEFA and Agnelli heads the influential European Club Association "there will be no Super League".

Vivo V15 Pro confirmed to feature 48 MP rear camera
The page has revealed that the V15 Pro will come with 32MP pop-up selfie camera and main rear camera has been of a 48MP sensor. The teaser video features Vivo's brand ambassador and Bollywood superstar Aamir Khan using the Vivo V15 Pro .

Democrats, Republicans clash over release of Trump's tax returns
Rosenthal, senior fellow at the Urban-Brookings Tax Policy Center; and Ken Kies, managing director of the Federal Policy Group. Trump has rejected a decades-old tradition that presidents and White House hopefuls would make their tax returns public.

Prince Philip crash: auto crash victim speaks out after Royal surrenders licence
According to reports, the Duke of Edinburgh was subsequently offered " suitable words of advice " by a Norfolk police officer. The sun was blamed for hindering his vision and he wrote he was "very contrite about the consequences" of the collision.

Fulham 0-3 Manchester United: Five Things We Learned
Since Ole [Gunnar Solskjaer] came in we talked about this, we want to be at the top, in the top four. This game was really important. "The players who play, the staff, how we do things at Carrington".

Pelicans trade Nikola Mirotic to Bucks
The fifth-year power forward is averaging 16.7 points and 8.3 rebounds over 32 games for the Pelicans. Maker has been beaten out by DJ Wilson this season and was firmly on the bench in Milwaukee .

Jaguar Land Rover owner records $4 billion loss, driving share price down
This is expected to result in a one-time exceptional redundancy cost of around £200 million for the luxury unit of Tata Motors. We are committed to our core objectives of winning decisively in CVs, sustainably in PVs and proactively in EVs.

Middleweight champion Robert Whittaker ruled out for title defense fight
Despite being elevated to the main event, Adesanya's bout will remain a three-round fight. Silva, 43, broke into tears during the UFC 234 official weigh-in.

U.S. Sen. Elizabeth Warren enters 2020 presidential race
Warren did not address the potential for another distracting revelation when asked by reporters on Capitol Hill this week. Warren has two children from a marriage prior to her 1980 union with husband Bruce Mann, a Harvard law professor.

2018 the fourth-hottest year in history
The last five years-from 2014 to 2018-are the warmest years ever recorded in the 139 years that NOAA has tracked global heat. Global temperatures rose 1.5 degrees Fahrenheit (0.83 degrees Celsius) than the mean of warming from 1951 to 1980.

A Mars rover is named after pioneering DNA scientist Rosalind Franklin
Several months later on March 19, 2021, the rover will, with any luck, touch down on the Oxia Planum plain on the surface of Mars. The rover is part of the ExoMars programme, a joint endeavour between ESA and the Russian State Space Corporation, Roscosmos.

Chelsea's Gonzalo Higuain has same determination from Napoli days - Maurizio Sarri
Real Madrid's interest is the worst kept secret in football, with Hazard thought to be keen on signing for Los Blancos . Sometimes he needs a message from the coach in the press conference. "They speak the same language with the ball".

Raptors to acquire Marc Gasol, send Jonas Valanciunas to Grizzlies
Gasol, the 2013 Defensive Player of the Year, is averaging 15.7 points, 8.6 rebounds and 4.7 assists through 53 games this season. The 2019 National Basketball Association trade deadline is really kicking into gear.

Sarri hails 'great player' Higuain ahead of Man City clash
When it gets towards the finishing line that's when you need them most of all. Not really, but the view from outside is completely different.