Today’s job numbers are remarkably similar to last month’s figures. Total employment as well as employment in most sectors and industries was virtually unchanged. Stagnation is bad news given our growing population and that 1.4 million Canadians remain unemployed.
There were also some notable shifts beneath the headline numbers. Total employment stayed the same because 32,200 additional part-time positions masked the loss of 32,400 full-time jobs. There was also a regional shift, with job gains in the western provinces offsetting employment declines in Ontario and Quebec.
A flat jobs report for June is perhaps not surprising on the heels of the incredible numbers reported for May. Putting aside fluctuations in the monthly data, the underlying story seems to be that Canada’s job market has been crawling along at a snail’s pace in 2013.
As Statistics Canada notes, employment growth has averaged 14,000 per month in the first half of this year. That is not enough to keep pace with population growth, let alone put a dent in unemployment.
UPDATE (July 7): This commentary was quoted on the front page of yesterday’s Toronto Star business section. My commentary on Thursday’s Statistics Canada article on youth employment was picked up by The National Post, Yahoo Finance and Canadian Press (using my pseudonym).
- Equal Pay Day (April 18th, 2016)
- February Labour Force Woes (March 11th, 2016)
- Ten Things to Know About Homelessness in Canada (September 17th, 2015)
- Dix Choses à Savoir sur l’Itinérance au Canada (September 17th, 2015)
- Canada: World’s Next Superpower? Only If We Stop Relying On Temporary Foreign Workers (July 7th, 2015)