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Canada adds 31,000 jobs in September
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by albertacowpoke | October 9, 2009 at 05:57 am
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Canada's economy has added 31,000 jobs in September. A total of 92,000 were added, most them full time. This was offset by the loss of 61,000 part time jobs.
This is the largest increase since May 2006. Statistics Canada reports that most of these jobs were added to the Construction Industry, while job losses were in Warehousing and Transportation.
The national unemployment rate fell to 8.4% from 8.7% in August. This is the first decline since the downturn in the labour market in the fall of 2008. Experts had predicted an increase to 8.8%.
OTTAWA -- The Canadian economy gained a surprising 31,000 jobs in September, driven mostly by full-time jobs, Statistics Canada said on Friday, as the economy continued to show signs of recovering from the country's first recession since the early 1990s.
"September's full-time increase of 92,000 -- the largest since May 2006 -- was partially offset by part-time losses of 61,000," the federal agency said. "Construction, manufacturing and educational services saw employment increases in September, while there were declines in transportation and warehousing."
The federal agency said the unemployment rate fell to 8.4% from 8.7% in August, the first monthly decline since the beginning of the labour market downturn in the fall of 2008.
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Most RecentMost Recommended Comments (4)
at 07:53 on October 9th, 2009
Can't say I've seen much evidence of this around here...
at 08:15 on October 9th, 2009
Australia's unemployment rate has done down as well.
at 10:42 on October 9th, 2009
This is great news for Canada!
It has been advised that recovery will be slow, so checking the employment pulse of countries around the world can be indicators, even if ever so slight.
at 10:56 on October 9th, 2009
It certainly is good news for Canada...Construction, manufacturing and educational services are the very foundation of a growing and healthy economy and I am sure the transportation industries are not far behind due to the need to move construction and manufacturing goods around the country.