Sunday, 22 September, 2019

Canadian economy's job gains driven by part-time work, youth employment

A construction worker shingles the roof of a new home in a development in Ottawa on Monday A construction worker shingles the roof of a new home in a development in Ottawa on Monday
Russell Knight | 10 September, 2019, 13:17

Saskatchewan's employment rate is up, according to the latest seasonally adjusted numbers from Statistics Canada.

The release also comes ahead of the start of the federal election campaign. The unemployment rate is down year-over-year to 7.5 per cent from 8.6 and the participation rate is up from 67.6 to 68 per cent.

The jobless rate dropped a notch to 4.7 per cent from 4.8 per cent, despite the addition of 13,100 net new jobs, Statistics Canada reported Friday. Sectors of the economy that provide services have led the growth, including jobs in transportation and warehousing; health and social assistance; education; and finance, insurance and real estate. According to Statistics Canada, many of them were part-time.

"I'm very excited and encouraged by these outstanding record-breaking employment rates", said Brantford Mayor Kevin Davis.

"With solid details top to bottom, it is hard not to like today's report", TD senior economist Brian DePratto wrote in a report to clients.

"Even the unchanged unemployment rate has a positive tone to it, coming from a rising labour force".

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He was a All-American collegiate player at San Diego State, and a first-round National Basketball Association pick in 2011. Williams was booked on Tuesday and her next court date is September 19, Vasquez said.

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Nadal has won his 19th Grand Slam title, only one short of Roger Federer who holds record 20 Grand Slams. After all, Nadal crushed Medvedev in the recent Masters final in Montreal 6-3, 6-0.

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The bank credited the correct account with the $120,000 and debited the same amount from the incorrect one, the affidavit said. Instead of reporting the error to the bank, the pair chose to spend it over a period of two weeks, Fox5 reports .

Meanwhile, the number of private sector employees increased by 94,000 in August, while the number of public sector employees and self-employed workers held steady.

"There's just too much contradictory data floating around right now and I do think that rates are going to come down, but not this round", said Ian Lee, faculty chair at Carleton's Sprott School of Business, joining a number of experts who fear a coming recession.

A recent statement from BoC said that this recent growth "exceeded the Bank's July expectation, although some of this strength is expected to be temporary".

"That's consistent with some other wage indicators that we have suggesting that paycheques are starting to rise", Bernard said.

Note to readers: This is a corrected story.

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