New jobs report says Calgary’s unemployment increased

11 March, 2019, 10:27 | Author: Darnell Patrick
  • Unemployment rate

Statistics Canada says the unemployment rate for the Grande Prairie-Peace River-Banff-Jasper-Rocky Mountain House region stood at 5.1 percent last month, up from 4.8 per cent in January.

The overall Canadian increase even outpaced job creation in the United States, where figures showed an increase of just 20,000 new positions last month.

The jobs increase largely reflects higher labor force numbers, rather than falling unemployment, due to rising participation rates and accelerating population growth over the past couple of years.

That's up from 4.8 per cent in January but down from the 5.3 per cent the rate was at the same time previous year. In an economy with more than half a million vacant jobs, many seem to be finding work.


With the trend pace of hiring the strongest it's been since the turn of the millennium and full-time jobs leading the way, there is a lot to like in today's report, even allowing for the usual disclaimer about the monthly noise. The sector employed 43,400 people in February, according to Statistics Canada, up from 42,500 a month earlier - its sixth consecutive month of gains. Strong full-time gains, mostly in the province of Ontario, offset a loss in part-time roles, with 67,400 full-time jobs added from January to February, and 11,600 part-time jobs shed.

Job growth in professional, scientific and technical services led employment growth, up by 18,000 jobs in February and increasing notably for the third time in four months.

The Bank of Canada keeps close watch of several wage indicators ahead of policy decisions on its key interest rate. "This is a very strong indication of employer confidence, to create that many full-time jobs", said Derek Holt, vice president of capital markets economics at Scotiabank. In particular, it focuses on a reading called "wage common", which incorporates payroll data from several sources, not just from the labour force survey. Over the past year, employment in the industry has grown by 6.8 per cent.

Employment in natural resources grew by 8,000 Canada-wide in the past month, while public administration positions saw an additional 14,000 spots filled in February.

Recommended:



Popular

Empire star Jussie Smollett indicted over assault claim
According to initial reports of the incident, two men attacked Smollett while yelling racial and homophobic slurs. Police say that in fact, the two men who have admitted taking part in the staged attack are both black.

What Euronews' female staff want on International Women's Day
Last year's strike drew global attention as more than 5 million women took to Spain's streets to shine a light on such issues. Organizers reportedly plan to protest against poverty and unpaid labor that often falls upon women.

SpaceX Crew Dragon, built to carry humans, returns home from space station
But the capsule was also responsible for delivering supplies to the International Space Station. Dragon splashed into the Atlantic Ocean exactly on time, at 08:45 EST (13:45 UTC).

Nick Jonas Ranks Kevin Hart As His ‘Least Likable’ ‘Jumanji’ Co-Star
Corden's playlist also includes " Burnin' Up ", "Time Machine", " When You Look Me In the Eyes " and " Lovebug ". And if you have siblings, you know that sometimes things can built up, and tensions can mount. "I love her...

Kensington Palace releases new social media guidelines
The Royal family had to resort to similar measures back in 2016 when Prince Harry and Markle went public with their relationship. Moreover, he referred to the commentary as "outright sexism and racism", and said that he was anxious about Markle's safety.

Stadium: Virat Kohli-led India eying on historical 500th win in ODI
Left-arm wrist spinner Kuldeep Yadav was the most successful among the Indian bowlers with figures of 3/54 in his 10 overs. A direct hit from Jadeja changed the game as Handscomb was run out on 48 in the 38th over with 60 runs still needed.

UFC fighters react to referee Herb Dean's controversial stoppage
How I see this fight playing out, however, is that Woodley is able to adjust early in the fight and pick up the first few rounds. UFC 235 also features the octagon debut of Ben Askren as he gets a tall order in former welterweight champ Robbie Lawler .

F1 Testing, Day Three Second Test: Ferrari set fastest times of winter
Max Verstappen , Daniil Kvyat , Valtteri Bottas , Lewis Hamilton and Nico Hulkenberg filled out the remainder of the top 10. The next fastest driver was Toro Rosso's Alex Albon, 0.651s off Leclerc, using the same compound tyre as the Ferrari .

Democrats in U.S. Congress take aim at Trump with multiple probes
Without directly mentioning Cohen's specific comments about the alleged conversation, Stone said Cohen's "statement is not true". Cohen said there were no deals in the works, but confirmed he had been approached and was open to the idea. "This point-Mr.

Arenado, Rockies reach 8-year deal
Colorado then beat the Chicago Cubs in the Wild Card game, before being swept in three games by the Milwaukee Brewers . I wouldn't make this decision if I didn't believe that". "I love playing with this group".