Post by Said1 on Sept 10, 2006 12:31:17 GMT -5
Unemployment rate rises slightly in August
Unemployment rate rises slightly in August
Updated Fri. Sep. 8 2006 11:09 PM ET
Canadian Press
OTTAWA -- Statistics Canada says the national jobless rate rose to 6.5 per cent in August, from 6.4 per cent in July.
In August, 16,000 jobs were lost as the number of part-time positions lost outpaced the growth in full-time work.
Since May's record job performance, the unemployment rate has slowly crept higher. Still, last month's rate continued to hover around 30-year lows. Since the beginning of the year, 194,000 jobs have been created.
Continuing losses in the manufacturing sector have meant nearly 90,000 jobs have been lost in the goods-producing sector since the beginning of this year alone. The industry continued to suffer in August.
Alberta continues to drive much of the country's job growth as the oilpatch there produced 8,000 new jobs in August. But the number of new jobs hasn't kept up with the number of people streaming into the province looking for work.
Alberta saw its unemployment rate rise to 4.2 per cent, from 3.6 per cent in July.
Despite the fact that both Quebec and Ontario have seen their manufacturing heartlands pummelled by the high Canadian dollar and sluggish demand for exports in the U.S., both provinces posted job gains in the services sector.
Canadian workers continue to benefit from higher wages. Salaries were 3.7 per cent higher last month, compared with the same time a year ago. This is more than one per cent higher than the national inflation rate.
Unemployment rate rises slightly in August
Updated Fri. Sep. 8 2006 11:09 PM ET
Canadian Press
OTTAWA -- Statistics Canada says the national jobless rate rose to 6.5 per cent in August, from 6.4 per cent in July.
In August, 16,000 jobs were lost as the number of part-time positions lost outpaced the growth in full-time work.
Since May's record job performance, the unemployment rate has slowly crept higher. Still, last month's rate continued to hover around 30-year lows. Since the beginning of the year, 194,000 jobs have been created.
Continuing losses in the manufacturing sector have meant nearly 90,000 jobs have been lost in the goods-producing sector since the beginning of this year alone. The industry continued to suffer in August.
Alberta continues to drive much of the country's job growth as the oilpatch there produced 8,000 new jobs in August. But the number of new jobs hasn't kept up with the number of people streaming into the province looking for work.
Alberta saw its unemployment rate rise to 4.2 per cent, from 3.6 per cent in July.
Despite the fact that both Quebec and Ontario have seen their manufacturing heartlands pummelled by the high Canadian dollar and sluggish demand for exports in the U.S., both provinces posted job gains in the services sector.
Canadian workers continue to benefit from higher wages. Salaries were 3.7 per cent higher last month, compared with the same time a year ago. This is more than one per cent higher than the national inflation rate.
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