In February, Canada gained 259,000 jobs, mostly part-time, falling short of the total losses the previous two months..Both part-time (171,000, or 5.4 per cent) and full-time (88,000, or 0.6 per cent) work increased..Total hours worked also increased by 1.4 per cent, driven mainly by gains in wholesale and retail trade..However, the country lost 266,000 jobs in December and January, disproportionately impacting youth and women..Employment among youth aged 15 to 24 rose by 100,000 (4.5 per cent) in February, with increases in both full-time (36,000, or 2.9 per cent) and part-time (64,000, or 6.5 per cent) work..Year-over-year employment losses among young women (181,000, or 14.1 per cent) were nearly double those seen among young men (96,000, or 7.3 per cent)..The unemployment rate for youth fell 2.6 percentage points to 17.1 per cent in February, higher than the same month a year earlier (10.4 per cent)..Employment rose by 134,000 (1.1 per cent) among people aged 25 to 54 in February, restoring much of the job losses in January, particularly among women working part-time..The unemployment rate for core-aged women fell 1.3 percentage points in February to 6.5 per cent, returning to the low observed in December. The unemployment rate for core-aged men fell 0.6 percentage points to 6.9 per cent, the lowest rate since March 2020..Jobs and Industry Shadow Minister Pierre Poilievre was unsure whether the partial recovery of lost jobs would move Canada’s unemployment rate below Italy and France..Liberal socialist policies had long made them the worst job markets in the G7, though Canada held the highest unemployment of those nations at 9.4 per cent, now down to 8.2 per cent, he said..“While today’s headline job numbers might provide some relief to the appalling job losses in earlier months, now is not the time for the government to pat itself on the back,” said Poilievre..“Canada has a much higher unemployment rate than most of its competitors and, even though our country had among the worst job losses in the early pandemic, we have been among the slowest to recover them..“In fact, in addition to entering the pandemic with higher unemployment than most in the G7, Canada’s jobless rate has increased more than all the other countries since the pandemic began.”.To reverse the economic decline and get big and stable paycheques to Canadians, Poilievre recommended green lighting job-creating private-sector projects in all sectors and freeing small businesses to hire and grow..February gains indicated an increase of 226,000 (1.9 per cent) jobs among private-sector employees..Dhaliwal is a Western Standard reporter based in Edmonton
In February, Canada gained 259,000 jobs, mostly part-time, falling short of the total losses the previous two months..Both part-time (171,000, or 5.4 per cent) and full-time (88,000, or 0.6 per cent) work increased..Total hours worked also increased by 1.4 per cent, driven mainly by gains in wholesale and retail trade..However, the country lost 266,000 jobs in December and January, disproportionately impacting youth and women..Employment among youth aged 15 to 24 rose by 100,000 (4.5 per cent) in February, with increases in both full-time (36,000, or 2.9 per cent) and part-time (64,000, or 6.5 per cent) work..Year-over-year employment losses among young women (181,000, or 14.1 per cent) were nearly double those seen among young men (96,000, or 7.3 per cent)..The unemployment rate for youth fell 2.6 percentage points to 17.1 per cent in February, higher than the same month a year earlier (10.4 per cent)..Employment rose by 134,000 (1.1 per cent) among people aged 25 to 54 in February, restoring much of the job losses in January, particularly among women working part-time..The unemployment rate for core-aged women fell 1.3 percentage points in February to 6.5 per cent, returning to the low observed in December. The unemployment rate for core-aged men fell 0.6 percentage points to 6.9 per cent, the lowest rate since March 2020..Jobs and Industry Shadow Minister Pierre Poilievre was unsure whether the partial recovery of lost jobs would move Canada’s unemployment rate below Italy and France..Liberal socialist policies had long made them the worst job markets in the G7, though Canada held the highest unemployment of those nations at 9.4 per cent, now down to 8.2 per cent, he said..“While today’s headline job numbers might provide some relief to the appalling job losses in earlier months, now is not the time for the government to pat itself on the back,” said Poilievre..“Canada has a much higher unemployment rate than most of its competitors and, even though our country had among the worst job losses in the early pandemic, we have been among the slowest to recover them..“In fact, in addition to entering the pandemic with higher unemployment than most in the G7, Canada’s jobless rate has increased more than all the other countries since the pandemic began.”.To reverse the economic decline and get big and stable paycheques to Canadians, Poilievre recommended green lighting job-creating private-sector projects in all sectors and freeing small businesses to hire and grow..February gains indicated an increase of 226,000 (1.9 per cent) jobs among private-sector employees..Dhaliwal is a Western Standard reporter based in Edmonton
