Canada sees big job gains in February

March 22, 2021

Canada’s employment swelled by 259,000 (1.4 per cent) in February, after falling by 266,000 over the previous two months.

Employment tumbled by 213,000 or 1.2 per cent in January.

Both part-time (171,000 or 5.4 per cent) and full-time (88,000 or 0.6 per cent) work increased last month, says Statistics Canada.

The unemployment rate fell to 8.2 per cent in February, the lowest rate since March 2020.

Employment among youth aged 15 to 24 rose by 100,000 (4.5 per cent), with increases in both full-time (36,000 or 2.9 per cent) and part-time (64,000 or 6.5 per cent) work.

However, year-over-year employment losses among young women (down 181,000 or 14.1 per cent) were nearly double those seen among young men (down 96,000 or 7.3 per cent).

Fifteen per cent of employers plan to increase staffing levels in the second quarter of 2021, according to a recent survey by ManpowerGroup.

Source: HR Reporter