Yet another strong month for the Canadian labour market, with the Canadian economy adding 48,300 jobs in the month of January.
The surprise is certainly the continued momentum in the labour market as we’re in the strongest half year stretch for job creation in the last 15 years.
Over that six-month span, employment has gained 239,000 jobs, which is almost 40,000 a month, and an employment rate trending lower at 6.8 per cent.
The one standout or thing to question might be job quality, as over the last year part-time jobs are up by 5.6 per cent versus 0.06 per cent for full-time.
Also, manufacturing continues to struggle, down 2.2 per cent year over year.
The regional story though is another one of strength for this province, British Columbia seeing 11,200 jobs created in January second to 28,800 in Ontario.