Canada adds 35000 jobs in October, unemployment rate up 0.1 per cent

04 November, 2017, 01:13 | Author: Lora Ball
  • THE CANADIAN PRESS

Alberta added 11,900 jobs last month, dropping the provincial unemployment rate from 7.9 to 7.8 per cent. The number of full-time positions went up by 88,700, while part-time employment went down by 53,400 jobs, pushing the unemployment rate up to 6.3 per cent from 6.2 in September.

Nationally, Statistics Canada says the economy added 35,000 jobs in October but the unemployment rate crept higher, with more young people looking for work.

"After modest net job gains through the summer, October's strong result suggest there is still some life left in the economic upswing", Bank of Montreal chief economist Doug Porter wrote in a report.

The unemployment rate increased to 6.3 per cent, up from 6.2 per cent in September as more people joined the labour market in search of jobs.

Employment in Ontario edged up by 5,200 jobs in October from September as a gain of 22,000 full-time jobs was partially offset by a loss of 16,700 part-time jobs.

More news: AS Roma vs Chelsea, UEFA Champions League 2017

Shenfeld called the jobs report "a bit of an incongruity" amid the other economic data that has been pointing to a slowing of growth in the third quarter.

This removes any immediate urgency to raise interest rates from current levels, but more signs of rising capacity pressures will eventually lead the Bank of Canada to another rate hike as early as January 2018, Raptis said.

Employment for youth - an area that Poloz has given particular emphasis - increased by 17,500 with the participation rate for that group up by 1 percentage point to 63.7 percent.

Back in November 2014, the province's unemployment rate was 4.4 per cent.

There were 18,400 new jobs created in the construction industry, while the number of jobs in information, culture and recreation swelled by 15,300.

Recommended:

  • Hoyer signs three-year deal with Pats

    Hoyer signs three-year deal with Pats

    Hoyer then ended up with the Houston Texans in 2015 and led the team to the playoffs after making nine starts. Hoyer started his career with the Patriots back in 2009, before being released in 2012.
    Buffalo Bills acquire Benjamin in trade with Panthers

    Buffalo Bills acquire Benjamin in trade with Panthers

    The trade comes at a time when Buffalo has raised expectations by matching its best start since opening the 1993 season at 7-1. Tight end Charles Clay and running back LeSean McCoy are first and second in both catches and receiving yards for Buffalo .
    Tiger Woods to return to golf

    Tiger Woods to return to golf

    In May, Woods was found passed out in his Mercedes with prescription drugs and marijuana in his system. The 41-year-old underwent a fourth back surgery one month later.
  • Flu shots protect you and the herd: Burnaby's medical health officer

    Flu shots protect you and the herd: Burnaby's medical health officer

    Centers for Disease Control and Prevention recommends an annual flu vaccination for everyone six months and older. These side effects are mild and short-lived, especially when compared to symptoms from a bad case of the flu.
    United States  attorney general confident in terror prosecutions

    United States attorney general confident in terror prosecutions

    The terrorist drove a truck on a bike lane hitting pedestrians and cyclists on Tuesday, murdering eight people and injuring 12. Investigators found thousands of ISIS-related propaganda images and videos on Saipov's cellphone, the complaint said.
    Are NFL Protests Hurting Pizza Sales? Papa John's Founder Thinks So

    Are NFL Protests Hurting Pizza Sales? Papa John's Founder Thinks So

    Papa John's still expects sales to increase by 1.5% in North America this year, but that's down from its previous estimates. At a league meeting last month, Goodell and the NFL owners opted not to force players to stand during the Anthem.
  • China blocks move to have Masood Azhar banned by UN

    China blocks move to have Masood Azhar banned by UN

    He further said that India should not depend on China's stance on Azhar and take its own action. To the follow-up questions, Hua said the committee has its rules. "This is a fact", Hua said.
    Selena Gomez cycling with Justin Bieber after her Split from The Weeknd

    Selena Gomez cycling with Justin Bieber after her Split from The Weeknd

    A source said: "Selena is still with The Weeknd , and she only sees Justin as a friend". It comes after a member of Selena's family slammed Justin as a "vile human".

    At Least 3 Killed in ISIS Bombing in Kabul

    Dawlat Waziri said: "At around 4 p.m. a suicide attack took place close to the global affairs office of the Ministry of Defense". Initial reports suggest that the suicide bomber detonated explosives inside Kabul Green Zone close to Australian embassy.
  • Jimmy Kimmel & Channing Tatum Prank Their Daughters Over Halloween Candy

    Jimmy Kimmel & Channing Tatum Prank Their Daughters Over Halloween Candy

    In response, Willow said, "Give me my candy", and threw her trick-or-treating bag at her father. Channing Tatum pranks his daughter Everly and tells her he ate all her Halloween candy .
    NY  holds annual Halloween parade hours after deadly attack

    NY holds annual Halloween parade hours after deadly attack

    It's a lovely thing to see NY stand up to those who threaten our city and show that nothing will stop us from doing us. Cuomo calls the driver a "depraved coward", and says the attack "did not instill terror" among hardy New Yorkers.
    Tesla Stock Punished by High Costs and Delayed Production

    Tesla Stock Punished by High Costs and Delayed Production

    The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Can raised its stake in Tesla by 2.7% in the 2nd quarter. 732,944 shares of the stock were exchanged.


Popular

Colorado Police Searching For Scott Ostrem After Walmart Shooting Leaves 3 Dead
Authorities are reviewing security video to identify the suspect, who fled in a vehicle before officers arrived. Thornton Police said Wednesday night that the motive for the shooting remains under investigation.

Gareth Southgate gives England nod to Harry Winks for Germany and Brazil
It was announced this morning that Wilshere didn't make the squad and Gareth Southgate has revealed why he didn't make the squad . On that, Southgate said: 'I have huge respect for Chris.

Trump Calls NYC Attack A 'Horrible Act' Committed By An 'Animal'
The "Gang of Eight" bill passed the Senate but died out in the GOP-controlled House. Ted Kennedy, D-Mass., and signed into law by Republican President George H.W.

Papa John's Pulls NFL Ads: Anthem Protests Are Hurting Business
The company's stock fell by 13 percent on the news, their worst decline in over two years. Papa John's is an NFL sponsor, and has often been recognized in tandem with the league.

Jahlil Okafor Wants Out Of Philadelphia
That's why I made such drastic changes this summer, just to get healthy and where I am today. Okafor also believes that the team waited too long to try and move him in a trade.

Arsene Wenger tells Gareth Southgate to hand Jack Wilshere England recall
And I'm really honest when I say that. "I think he's ready, personally", Wenger said of Wilshere . His last game for England was in the shock Euro 2016 defeat to Iceland .

SNES Classic and Super Mario Odyssey hit 2M sales
However, Nintendo claims that despite this impressive numbers, the game " had not yet reached an acceptable profit point". In total, since its release in late September, the Super Nintendo Classic Mini was sold over 160,000 copies in France.

Cleveland Browns botched chance to trade for former Alabama QB AJ McCarron
The Browns were willing to move second or third-round picks in the 2018 Draft for McCarron, according to ESPN . But McCarron, with three National Football League starts along with a post-season start, apparently has value.

Microsoft Surface Pro LTE for Business Arriving December 2017
If you use LTE network exclusively on the Surface Pro device, you will get about 90% battery life of a WiFi model. Microsoft confirmed today that it will begin shipping Surface Pro with LTE to business customers in December.

Selena Gomez, Francia Raisa open up about 'brutal recovery' following kidney transplant
Unable to find a match amongst family members, and with a donor list seven to 10 years long, she found herself at an impasse. However, the fear was there. "I had to write a will, which was scary because there's no guarantee I'll wake up", Raisa said.