Job market bounces back in September

A worker walks on a construction site in Hamilton on Nov. 14 2013. THE CANADIAN PRESS  Aaron Lynett

This marked the seventh straight month the unemployment rate was below five per cent, normally a sign of a healthy economy.

Employment across Canada made greater than expected gains in September, adding 63,000 positions, and edging the unemployment rate down marginally to 5.9 per cent.

"Full time employment was down 17K but that was more than offset by the huge 80K gain in part-time positions".

On a year-over-year basis, Canada gained 222,000 jobs since September 2017.

Statistics Canada's labour force survey compiled job data from July, August and September in all three Northern territories.

The job gains were also nearly entirely in Ontario and British Columbia, with little change in the other provinces.

In Prince Albert and Northern Saskatchewan, which includes cities and towns in the region like Meadow Lake, North Battleford, and Battleford, the unemployment rate was 8.2 per cent for September, up marginally year-over-year from 7.8 per cent.

Mendes noted that wage growth is slowing, down to 2.2 per cent from 2.6 per cent, year over year, the month before.

The improvement in September reflected the addition of 1,000 net new jobs while the size of the labour force, which includes all people who are seeking jobs, remained the same. This would contribute to the uptick in the jobless rate, as the number of people working is up from 96,300 this time previous year to 97,900.

Full-time employment dropped by 16,900 jobs while part-time positions rose by 80,200.

Statistics Canada also released third quarter employment numbers for the territories, reporting gains of 500 and 900 jobs in Nunavut and the Northwest Territories respectively while 400 job losses were recorded in Yukon.

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