Canada adds 29K jobs in January

The numbers may not have dazzled, but hiring continued to gain strength in Canada last month.

The Canadian economy gained 29,400 jobs in January, which pushed down the unemployment rate 0.2 percentage points to 7%, according to the latest labour force survey released today by Statistics Canada.

The January increase was the result of a rise in full-time work, the agency said, and was a welcome change from the 45,900 jobs lost in December.

Most of the job gains were in transportation and warehousing, which together gained 15,000 jobs

Business, building and other support services lost 25,000 jobs, which brought employment in that sector back to what it was 12 months earlier, Statistics Canada said.

Public administration shed 16,000 jobs in January, and when compared with a year earlier, employment was down 58,000, a drop of 5.8%. That, Statistics Canada, made it the only industry with an employment decline over the period.

Related Stories