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Northeast BC unemployment rate increased in January 2019

11 February 2019

The unemployment rate in Montreal was 6.1 per cent in January 2018. More people also searched for work last month, which pushed the national unemployment rate to 5.8%, up from its 43-year low of 5.6% in December.

The unemployment rate in the Montreal region was down slightly in January from the month before, falling below the level in Toronto once again. Employment in the Calgary region rose by 2,900 month over month and by 6,900 year over year.

The bumper jobs data, the second month of outsized gains in the last three, is one of the last major indicators ahead of the Bank of Canada's next rate decision on March 6. Unemployment in that province increased by 0.4 percentage points.

In December of a year ago, the unemployment rate was listed at 4.5%.

There was a surge of 66,800 net new jobs across the country, but many Canadians were still left searching for work.

"We're working hard to nurture a sustainable economy that works for people".

Total hours worked are up 1.2 per cent over the same period, according to StatsCan, compared to 0.9 per cent in December.

Weekend weather forecast for Sheffield after Storm Erik hits city
A yellow weather warning has been issued Norfolk this weekend, with gusts of up to 55mph potentially hitting parts of the region. Storm Erik came with a status orange weather warning for Donegal, Mayo and Galway and wind gusts at times were really powerful.

The rise in the unemployment rate was attributable to an expansion in the labor force with more people seeking jobs.

Sherry Cooper, chief economist for Dominion Lending Centres, wrote in a research note to clients Friday called the increase in the number of people looking for work a sign of strength, even though it has nudged up the unemployment rate.

The economy shed 32,300 goods sector positions, mostly in agriculture and construction.

More young Canadians, between the ages of 15 and 24 years old, found work last month as youth employment gained 52,800 positions.

By region, Ontario and Quebec had the biggest employment increases last month.

Mendes predicted that first quarter economic growth is still likely to be "somewhat weak" due to struggles getting oil to new markets due to regulatory delays in building new pipelines.

Northeast BC unemployment rate increased in January 2019