Friday, October 9, 2009

Good News for Labour Market - StatCan revealed

It's all over the media. Employment increased for the second consecutive month, up 31,000 in September, driven by large full-time gains.
The unemployment rate fell to 8.4%, the first monthly decline since the beginning of the labour market downturn in the fall of 2008.
September's full-time increase of 92,000, the larges since May 2006, was partially offset by part-time losses of 61,000. The increase in full-time work was mainly among youths and women aged 25 and over and in Ontario.
Construction, Manufacturing and Educational Services saw employment increases in September, while there were declines in Transportation and Warehousing.
Manufacturing employment increased by 26,000, in construction it rose again in September, +25,000 and employment in Educational Services saw a gain of 18,000.
In Transportation and Warehousing jobs were lost by 21,000 in September, mostly in Truck Transportation in Ontario and Quebec.

1 comment:

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