Stats Canada published their Labour Survey for October 2015, and after some fairly bland numbers for the past little while, thanks to the Liberal victory, there are 44,000 more jobs in the economy! Yes, that is me being a smart-ass. The Liberals had little or nothing to do with it.
The exact quote from the report was:
After four months of little change, employment increased by 44,000 (+0.2%) in October, bringing the number of people employed in Canada to over 18 million for the first time. The unemployment rate declined by 0.1 percentage points to 7.0%.
Is this a vindication for Mr. Harper? I have no idea, but it is nice to have some positive numbers to talk about for once. Unemployment dropping is a good thing.
I stole my headline directly from the report, specifically:
In October, employment increased by 44,000 for women aged 55 and older and their unemployment rate fell from 5.4% to 5.0%. Compared with 12 months earlier, employment for this group was up 92,000 (+5.8%), partly the result of growth in their population.
Congratulations ladies! The statement that there are more women over age 55 is simply reflecting the baby boomers getting older.
The only concerning detail I read was that there were 32000 more jobs in Public Administration, thus the public service continues to grow?
A more optimistic-looking curve is the following:
If you want even more data from Stats Canada check out these tables of all the data available:
- Table 1 Labour force characteristics by age and sex – Seasonally adjusted
- Table 2 Employment by class of worker and industry (based on NAICS1) – Seasonally adjusted
- Table 3 Labour force characteristics by province – Seasonally adjusted
Labour News for 2015
Here are some of the posts about jobs from this past year:
- More Working but also Unemployed in September
- Ironic Labour Numbers on Labour Day for August
- 6600 More Jobs in Canada in July
- More Full Time Jobs in Canada in June
- More Full Time Work in Canada in May
- Less Part Time Jobs in April in Canada
- More Part-Time Jobs in Canada, Yea?!?
- Unemployment Up in February in Canada
- More Part Time Jobs in Canada in January
Hi Bigcajunman,
In reading the results of October’s job numbers I would have to consider that the election has the biggest influence. I am concerned going forward that the unemployment numbers will rise and job quality will be reduced as well. Your thoughts?
Stockbrain