Canadian employment up in January: StatsCan

Employment in Canada rose by 29,000 in January, according to Statistics Canada’s Labour Force Survey for January 2014, which attributes the jump to an increase in full-time work. Meantime, the unemployment rate declined 0.2 percentage points to seven per cent.

The survey revealed that over the past 12 months, employment increased 0.8 per cent or 146,000, and the number of hours worked rose 0.7 per cent. During the same period, the employment rate fell 0.3 percentage points to 61.6 per cent as employment grew at a slower pace than the population.

In January, employment increased in transportation and warehousing, while it declined in business, building and other support services, as well as public administration.

The number of self-employed workers rose in January. However, compared with 12 months earlier, all the employment gains were among private sector employees, as there was little change in self employment and public sector employment.

Employment increased in Prince Edward Island, while it fell in New Brunswick and was little changed in the other provinces.

There were more men aged 25 and over working in January, while employment was virtually unchanged among women and youth.

Click here for the full report.