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

Gas tank of Langley man’s pickup drilled to steal fuel

Record-high gas prices may be to blame for the theft that has left him without a truck

Chilliwack RCMP seek shoplifting suspect caught on video

Man allegedly connected to automobile theft in Abbotsford, shoplifting in Langley

Reconciliation walk builds relationships between settlers and Indigenous peoples

Walk in the Spirit of Reconciliation begins May 25 in Fort Langley

RCMP seeks dash cam footage in Cloverdale hit and run

RCMP believe same Acura TL involved in two accidents within minutes of each other

South Surrey parents plan appeal of air-contaminants permit

Metro Vancouver gives 15-year OK to galvanizing-plant emissions

VIDEO: B.C. man recognized for spinning basketball on toothbrush

Abbotsford man holds world record for longest duration of time of 60.5 seconds

Canadian driver uses lawn chair as driver’s seat, gets caught

Ontario police detachment caught the male driver during a traffic stop

B.C. moves to restrict pill presses in opioid battle

Minister Mike Farnworth says federal law doesn’t go far enough

83-year-old convicted murderer escapes from B.C. prison

RCMP are asking for the public’s help to locate Ralph Whitfield Morris

VIDEO: Vets, volunteers set up vaccination station for sick bunnies

Volunteers, vets try to stop spread of lethal virus

If you see a dog in a hot car, don’t break in: SPCA

People are being discouraged from smashing windows to free animals. The SPCA has tips on what else you can do.

Municipal election loophole will be fixed, premier says

Union, corporate donations still allowed for slate party ‘operational’ needs

Cat found stuffed in box in Dumpster in northeastern B.C.

Still alive, cat was found near Dawson Creek restrained with zip ties, legs forced behind neck

Fears prompt feds to establish BBQ brush safety standards

Wire-bristle safety fears prompt Ottawa to establish BBQ brush safety standards

Most Read