Friday, April 10, 2015

March 2015 Canada Jobs Numbers Out, 28,700 Gained

Statscan just released the March 2015 jobs numbers with 28,700 new jobs. Earlier I predicted 20,000 new jobs so I wasn't off by much. That's up from the 1000 job loss for the country in February and arguably better than the 126,000 jobs the US gained in March.

According to the Statscan summary here, Saskatchewan and Manitoba gained jobs while the other provinces stayed roughly the same. Which seems a little strange, as one would expect some problems for Alberta and Saskatchewan has oil influence as well.

The summary also notes:

"In March, employment was also little changed in both Quebec and Ontario. In Quebec, year-over-year growth was 0.8%, with all of the gains in the first two months of 2015. In Ontario, employment edged up 0.5% compared with 12 months earlier."

Considering the Ontario population is growing around 1% a year, 0.5% isn't particularly impressive. Quebec's number is just weird as I'm not sure what's special about January and February this year for that province.

I'll have a closer look at the Ontario numbers in the next couple of days.

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