OTTAWA – Canada’s labour market unexpectedly added 48,300 jobs last month, thanks to surges in part-time and private-sector work.
Statistics Canada’s employment survey for January shows an increase of 32,400 part-time positions and a gain of 15,800 jobs in the more-desirable category of full-time work.
The report also found that the number of private-sector jobs rose 32,400 between December and January, compared with an increase of 7,700 public-sector positions.
The unemployment rate fell to 6.8 per cent from 6.9 per cent in December.
Statistics Canada says the vast majority of the new jobs – 42,600 position – were created in the services sector.
A consensus of economists had projected the job numbers to stay unchanged last month and for the unemployment rate to hold at 6.9 per cent, according to Thomson Reuters.
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The country’s job market has seen gains in five out of the last six monthly reports.
January’s national employment numbers from Statistics Canada, at a glance (previous month in brackets):
- Unemployment rate: 6.8 per cent (6.9)
- Employment rate: 61.4 per cent (61.3)
- Labour force participation rate: 65.9 per cent (65.8)
- Number unemployed: 1,324,400 (1,341,600)
- Number working: 18,273,300 (18,225,000)
- Youth (15-24 years) unemployment rate: 13.3 per cent (12.6)
- Men (25 plus) unemployment rate: 6.0 per cent (6.4)
- Women (25 plus) unemployment rate: 5.3 per cent (5.4)