Employment rose by 26,200, Statistics Canada said Friday in Ottawa.
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Public sector employment increased in August, while self-employment fell and the number of private sector employees was little changed. British Columbia lost 6,600 jobs, while Ontario added some 10,500 jobs – but that wasn’t enough to keep the province’s jobless rate from rising three notches, to 6.7 per cent.
Nationally, the job market rebounded in August, gaining back much of the ground lost in July.
Despite the month-over-month improvement, the employment picture in the province remains considerably worse than a year earlier – in August 2015, the unemployment rate was 6.1 per cent. On a year-over-year basis, the unemployment rate was essentially unchanged in Canada, while it declined slightly in the United States.
Thomas jobless rate stayed above seven per cent for the fifth month in a row. The number of part-time jobs in August fell by 26,000 compared with a gain of 40,200 the previous month.
The country’s service sector created 15,400 new jobs, led by a 16,300 increase in public administration which offset declines in such as areas as technical and scientific services. The number of self-employed workers slipped by 39,100.
“Global growth in the first half of 2016 was slower than the bank had projected in its July Monetary Policy Report, although the bank continues to expect it to strengthen gradually in the second half of this year”, the central bank said Wednesday in its rate-decision statement.
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The strong numbers suggest Canada is indeed seeing an economic rebound in the third quarter of this year.
