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Canada gains 27,100 jobs in August

by Karl Gotthardt - albertacowpoke | September 4, 2009 at 03:30 am

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The Canadian Unemployment rate edged up from 8.6% to 8.7% in August. There are signs of recovery though.

Canada had the largest increase in jobs during August. 27,100 jobs were created according to Statistics Canada. The news aren't all rosy though. Most jobs were in the part time category and students were struggling to find summer jobs.

The new jobs were in the private sector and concentrated among adult women in the finance sector, retail and wholesale trade and real estate.

Saskatchewan lost the most jobs in August, 3200. Saskatchewan has recently experienced a boom in jobs in the energy sector.

Canada's economy created a surprisingly strong 27,100 jobs in August, one of the biggest gains since the recession began last fall, Statistics Canada says.

But the unemployment rate edged up to 8.7 per cent from 8.6 per cent in July as more Canadians began looking for work.

The picture wasn't all rosy, however, as all of the jobs were in the part-time category and students continued to struggle to find summer jobs.

The agency says the new jobs were in the private sector, and concentrated among adult women in the finance sector, retail and wholesale trade and real estate.

Regionally, only Saskatchewan experienced significant job losses in August, losing 3,200 workers.

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Amitjha

at 04:30 on September 4th, 2009

Finally some good news started pouring in?

the recession was real or just a ploy to do some cost cutting?

Samir Joshi

at 04:32 on September 4th, 2009

This is good news!

Hopefully this is just the start of good things to come

Barry ORegan

at 05:02 on September 4th, 2009

I am sure the liberals and NDP will find a way to say this is not good enough!

Karl Gotthardt - albertacowpoke

at 05:09 on September 4th, 2009

Isn.t that the way politics works. Never agree that your opponents did something good They will probably say that these are part-time jobs only. In any case, an analyst said that this is good news as businesses are still reluctant to hire full time, however this will convert into full time jobs as the economy improves.

PIM of SPAIN

at 07:19 on September 4th, 2009

It really is good news. The question is whether it are temps or full time jobs and whether those jobs will last, and not are a result of a kind of financial stimulus. That often is the small print and not published. The end of the recession is not near. Even South Korea, France and Germany are out of recession, but that largely is due to the cash for clunkers program, etc. In a couple of month it will be known whether this is a real job growth. Wait a while and see by then.

Karl Gotthardt - albertacowpoke

at 08:22 on September 4th, 2009

According to some analysts here PIM, these are private jobs in finance and retail. Most of them for women. They believe businesses are starting to react to a recovery but are reluctant to hire full time. The real test will be this months figures when all the student jobs are lost. So they say. Let's just wait and see.