Canada sheds 88,000 net jobs, but sees full-time gains

Overall number was dragged down by a loss of 137,000 part-time positions

The number of jobs in Canada fell by 88,000 in January to give the labour market its steepest one-month drop in nine years, Statistics Canada said Friday.

The overall number was dragged down by a loss of 137,000 part-time positions in what was easily the category’s largest one-month collapse since the agency started gathering the data in 1976.

Statistics Canada’s latest jobs survey said the net decline helped push the national unemployment rate up to 5.9 per cent in January, from a revised 5.8 per cent the previous month.

But on the other hand, the agency said the economy generated 49,000 full-time positions last month.

“Overall, a mysterious mix of good and bad, with the latter’s impact blunted by how strong job gains were in the lead-up to these figures,” CIBC chief economist Avery Shenfeld wrote in a research note to clients.

“January saw an (88,000) drop in employment, reversing about half of the spectacular gains we registered late last year. But the details also looking wonky, with all of the job losses in part-time work.”

Even with the overall decline in January, Canada has been on a strong run of job creation that has seen the country add 414,100 full-time jobs over a 12-month period. The growth represents an increase of 2.8 per cent.

Over that same period, the number of less desirable part-time positions declined by 125,400 or 3.5 per cent.

The January reading marked the end of a 13-month streak of job gains, however, about half of those positive numbers were within the survey’s margin of error.

A closer look at the numbers revealed that the number of paid employee positions also experienced a significant loss last month by shedding 112,000 positions.

By comparison, the number of people who identified as self-employed workers — often seen as a less desirable category that includes unpaid work in a family business — increased last month by 23,900.

Wage growth also received a boost in January, a month that saw Ontario lift its minimum wage. Compared with the year before, average hourly wages for permanent employees expanded 3.3 per cent.

By region, the agency said Ontario and Quebec saw the biggest decreases last month, while New Brunswick and Manitoba also had net losses.

Andy Blatchford, The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

VIDEO: Chilliwack dairy farmer says Trump doesn’t understand the industry

‘They need supply management just as bad as we need to keep it’: sixth generation farmer Devan Toop

Around the BCHL: Merritt’s Matthew Kopperud nets Sun Devil scholarship

Around the BCHL is a look at the BCHL and goings-on throughout the junior A world.

Canadian Senior Championships coming to Chilliwack Curling and Community Centre

The eight sheet rink will open this fall and host the 2019 Everest Championships in March of 2019.

Rolfe House of Chilliwack to get heritage designation

Plaque presented to homeowners as heritage value recognized

Nominations open for UFV Betty Urquhart Community Service award

Award recognizes those who make community a better place to live

AFN national chief suggests moving Trans Mountain pipeline route

Perry Bellegarde said many Indigenous communities believe in the need to diversify export markets

Sister of plane crash victim that went missing in B.C. starting support network

Tammy Neron wants to help families who are searching for missing people

‘Hello, 911? There’s a horse in my living room’

Sproat Lake firefighters called to ‘rescue’ quarter-horse from Alberni Valley house

Assault charge withdrawn vs. ex-Jays pitcher Roberto Osuna

Former Toronto play agrees to peace bond

UPDATED: Bill Cosby gets 3-10 years in prison for sexual assault

Judge also declared the disgraced comedian a ‘sexually violent predator’

Vancouver Whitecaps release head coach Carl Robinson

Assistant coach Martyn Pert and goalkeeper coach Stewart Kerr are also out

Sketch released of man wanted for attack on taxi driver in Surrey

Assault happened on the afternoon of Wednesday, Aug. 8

B.C. making progress on senior care staffing, Adrian Dix says

Minister aims to meet residential care provincial standard by 2021

More cameras, police coming after Marissa Shen killed in Burnaby park

Call boxes and increased patrols are also among the $1M in the city’s security measures

Most Read