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Unemployment rate unchanged as job creation stalls
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CTV.ca News Staff
Date: Fri. Jun. 6 2008 8:10 AM ET
Canada's unemployment rate remained unchanged in May at 6.1 per cent as the economy churned out only 8,400 new jobs, according to Statistics Canada.
Full-time jobs actually fell in May by 32,200 but part-time employment rose by 40,600.
Despite a slowdown in employment growth, the participation rate in the workforce -- people who are employed or looking for work -- remained at its record high of 68 per cent in May.
Women, aged 25 and over, entered the labour market in large numbers last month.
Employment grew by 35,000 for this group but was unchanged for men in the same age group.
Quebec saw the strongest employment growth in May with 17,900 jobs added.
However, with an increase in the number of Quebecers in the labour market, the province's unemployment rate continued to hover around 7.5 per cent.
Manitoba and New Brunswick both saw declines in employment growth.
Employment in Alberta has increased 3.3 per cent in the past year -- the strongest growth rate in Canada.
In a surprise rebound, the hard-hit manufacturing sector gained 34,200 jobs -- mostly in Quebec and Ontario.
Still, the Statistics Canada report notes that the sector has lost 344,000 jobs since November 2002.
Heath care and social assistance added employment in May while agriculture and professional, scientific and technical services recorded losses.
In the past year, employment in Canada has risen by 339,000, or 2 per cent.
Here's a provincial breakdown of the unemployment rate (previous month in brackets):
- Newfoundland 12.5 (13.2)
- Prince Edward Island 9.6 (11.2)
- Nova Scotia 8.2 (7.8)
- New Brunswick 8.9 (8.3)
- Quebec 7.5 (7.6)
- Ontario 6.4 (6.3)
- Manitoba 4.2 (3.8)
- Saskatchewan 4.1 (4.3)
- Alberta 3.6 (3.3)
- British Columbia 4.5 (4.3)
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I applaud the budget, even though Health Care and education may stay unscathed. Sadly this cannot last and I worry to later this year where cuts will become enviable. If anything, this provides the Wildrose Alliance plenty of ammo when an election is called.


Please Add Comments( )
Gerald Skowronski
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glen gaffney
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Roger T
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Keep the figures the same and keep preaching all you want but it won't change the way consumers spend especially with gas & food price hikes.
Savings comes before the economy!
Jim F
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raj
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sm
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High authority should concentrate on this matter immediately if you want to give us equal rights based on qualifications. Atleast PR have chance to get interview and get chance to proof themself for any relevent position....thx a lot,
on behalf of all permanent residents in Canada
06 June 2008
Sahib Reginawale Angry
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You said you stopped spending since the 3rd quarter of last year. Its people like you who are a problem. For no reason you stop spending (start hoarding) and demand decreases and hence the economy slows down.
mac
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bruno
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Kevin P
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In the Western 3 provinces there are massive worker shortages. Alberta alone needs roughly 120,000 jobs filled immediately, from coffee shops and gas stations, to engineers.
The world is changing. Lifetime employment with one company is now extremely rare. People just need to make hard choices sometimes. I had to sell my house which I had bought from my parents and grew up in. Move 9 hours away from friends and family. I left Sask. 8 years ago. I just couldn't pay the bills there. I took correspondence courses for 4 years, while working in a completely different industry than the previous 17 years. I am now making 3 times what I was 8 years ago. There are opportunities out West.
We all just need to make those changes sometime.
Frank Buchan
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As long as you spend within your means (unusual today, I admit), even a recession in the US can't really have the same impact on you. In fact, spending intelligently even in good times generally means you, as an individual, can benefit during a recessionary period. There are always deals to be had.
Specifically to unemployment though, those figures have always lied. In Alberta right now you can't pitch a rock from a 300 acre plot without hitting a help wanted ad.
grumpy
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