Western Alberta unemployment rate up slightly from July
Western Alberta unemployment rate up slightly from July
Labour market sees ninth-straight monthly gain as jobless rate dips to 6.2%
10 September, 2017, 14:31
Canadian employment increased 22,200 for August which was which was slightly stronger than expectations of around 19,000 for the month and following a gain of 10,900 for July. The number of part-time jobs rose by 110,400 in August while full-time jobs fell by 88,100.
About 4,500 people joined the labour force but did not find work, the report says. The headline job numbers were little changed in the other provinces, Statistics Canada said.
Youth employment declined in August, with a drop in full-time jobs offset by an increase in part-time work. But the job growth is mainly in part-time work.
But while the exterior of Friday's jobs report looked good, the monthly data also featured several blemishes.
"Given the super strong economic growth, I suspect workers seem secure enough to go into business for themselves", wrote Arlene Kish, director and economist with IHS Markit Economics, in an e-mail to The Globe, calling it a "great development". "However, the Bank of Canada does believe there is still some slack in the labour market".
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Ontario's economy added 31,000 jobs mostly in finance, insurance, real estate, and rental and leasing.
Ontario posted the only notable gain among provinces, while employment declined in Nova Scotia. Year-over-year, Ontario was still the big victor, adding 153,700 jobs since last August, while Newfoundland and Labrador fared worst, losing 14,700 jobs in the past year. The employment report can be volatile from one month to the next.
The average Canadian wage was boosted to $25.93, up 1.8 per cent year-over-year.
The lowest unemployment rate was in Quebec City, Quebec at 3.8%, and the highest, in St.John's Newfoundland at 15.1%.
The Bank of Canada noted earlier in the week that wage growth had been "more subdued" than historical trends have shown.
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But with this innings, Warner will definitely be pleased as he managed to improve upon his indifferent sub-continental record. He's just getting better and better in these conditions, changing his variations, growing and growing as a bowler.
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The worst case scenario, according to a report from Arif Habib Ltd, is that the bank will pay no dividend in the next 12 months. According to a report, in terms of size, the penalty is nearly 30 per cent of bank's assets in the USA and the Middle East.
A passenger barred from flying can approach an appellate committee constituted by the Ministry within a period of 60 days. Minister of State for Civil Aviation Jayant Sinha today announced the finalisation of the country's first no-fly list.
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