What slump? Hiring in Alberta was at a three-month high in April with Calgary adding jobs (Audio)

Despite all the talk about layoffs in the oil patch due to slumping oil prices, both Alberta and the Calgary area saw increases in jobs in April. According to Statistics Canada, overall hiring is at a three-month high. However, this is not surprising given the collapse in oil prices, the province’s natural resources sector which
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Canada’s Job Market Battles Uncertainty

Canada’s job market is expected to see a flat growth rate, with oil companies shedding jobs as other sectors create new ones. The layoffs in the oil sector are going to significantly impact the unemployment rate in the province, say experts. The Canadian economy has been nearing recession in Alberta due to collapsing prices of
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Canada December Job Losses Deeper After Revisions

According to Statistics Canada, the Canadian economy shed 11,300 net jobs in December instead of the 4,300 decline reported earlier in January. The updated jobs figures were part of the agency’s annual revisions to labor data. Canada lost almost three times as many jobs in December as originally estimated, and job creation for the full
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Canada’s Top Economists’ Forecast for Employment, Oil, and Housing Prices in 2015

So how will Canada fare with employment, oil prices and housing in 2015? Top economists share their views for the year ahead. Employment Doug Porter, chief economist at BMO Capital Markets believes that 2015 will see only a little improvement in the job market. “Through much of 2013 and 2014 the jobless rate was seemingly
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Canada’s Express Entry Immigration Linked to Employment

With the new ‘express entry’ skilled immigration system that Canada is set to launch from January 2015, applicants from India who have the right educational qualifications, skills and work experience may have to wait only months rather than years to move to Canada. For those in senior management positions, with experience in various fields and
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Canadian Employment: This is Getting Ugly

The latest employment figures from Statistics Canada show a decline of by 112,000 jobs in the private sector in August, resulting in an overall drop in employment of 11,000. Only last month the agency botched the July jobs report, erroneously claiming the economy added just 200 new jobs, when it fact the figure was 42,000.
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Rise of Part-time Work No Reason to Worry

According to one of Canada’s largest banks, the rise in part-time employment is nothing more than a pullback after companies hired more full-time workers than needed coming out of the recession. Economists Randall Bartlett and Derek Burleton wrote in a research note that there’s no reason to be concerned about the recent trend. According to the
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What Bay Street is Saying About Canada’s Revised Jobs Report ?

Revised data released by Statistics Canada shows that Canada’s economy created a net of 41,700 jobs in July, far more than expectations of market analysts. Below are reactions from Canada’s Bay Street: Paul Ferley, Assistant Chief Economist at Royal Bank of Canada: “A totally different story here … with the revision, suggesting a totally different
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Labour Force Survey, July 2014

(Revised) Released at 8:30 a.m. Eastern time in The Daily, Friday, August 15, 2014 In July, employment increased by 42,000 as a result of an increase in part-time work (+60,000). Unemployment rate declined by 0.1 percentage points to 7.0%. In the 12 months to July, employment rose by 157,000 or 0.9%. Most of the growth was reported in part-time work. The total hours worked went
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Canada’s Unemployment Rate Equals the USA Rate Using Comparatives

The unemployment rate in June rose by 0.1 percentage points to 7.1% as more people were searching for work in Canada. Compared to last year, employment increased by 72,000 or 0.4%. It was the lowest yearly growth rate since February 2010. Little changed in the number of hours worked in the past 12 months. Among
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