More than one thousand people were added to payrolls in this province in January.
The first of month of the year is not always a good one for job creation, nonetheless, this year got off to a positive start with the addition of 1,200 positions. We also saw the overall labor pool grow by 3,300 in the month. That is a sign of either: more people moving into the province or those who had given up looking for work had a change of heart and felt it was worth giving it another try.
One of the measures StatsCan tracks in its monthly Labor Force Survey is the population base – is it growing or shrinking? In this report, it was unchanged which means the labor pool grew because of optimism …those who were on the sidelines decided to return to the arena.
The one thing worth noting, though, is that the entire increase in jobs was in the part-time category. Full-time positions actually declined a bit and, given the increased size of the workforce, that meant the the unemployment rate rose three-tenths of a point.