According to Canada labour market the Employment edged up by 26,000 in May, driven by gains in part-time work. The unemployment rate increased 0.1 percentage points to 7.0% as there were more people in the labour market. Overall employment growth has been subdued since August 2013.
In the 12 months to May, employment increased by 86,000 or 0.5%, with all the growth in part time. Over the same period, the number of hours worked was little changed. However, will to say here that Canada achieves a “B” grade for employment growth and third place overall in the comparator group.
Employment growth has been relatively steady in Canada in recent decades. Because employment growth is directly linked to a country’s economic prosperity, Canadian governments must continue to encourage strong levels of immigration and, along with businesses, continue to invest heavily today in human capital to ensure an adequate future supply of skilled labour.