Canadian economy added 35,200 jobs in December, unemployment rate falls

Regionally, Ontario and Quebec led the job gains

The Canadian economy added 35,200 jobs in December, fuelled by a gain in full-time jobs, to post the first monthly increase in jobs since September.

Statistics Canada said Friday the unemployment rate fell to 5.6 per cent for the final month of the year, compared with a rate of 5.9 per cent in November when the country lost 71,200 jobs, the biggest monthly loss of jobs since the financial crisis.

The federal agency’s monthly labour force survey said the increase in the number of jobs in December came as full-time employment rose by 38,400 jobs. The number of part-time jobs fell by 3,200.

The gain in jobs came as the number of private sector employees rose by 56,900, offset by a loss of 21,500 public sector jobs. The number of self-employed fell by 200.

The goods-producing sector added 15,700 jobs, helped by a gain of 17,000 jobs in the construction industry. Meanwhile, the services-producing sector added 19,400 jobs as the accommodation and food services industry gained 24,900 jobs.

Regionally, Ontario and Quebec led the job gains.

Ontario added 25,100 jobs in December, boosted by gains in construction and public administration. Quebec added 21,100 jobs in the month, helped by gains in the accommodation and food services sector as well as manufacturing.

Newfoundland and Labrador lost 5,000 jobs in December.

The Canadian economy added 320,300 jobs for all of 2019 including 282,800 full-time positions and 37,500 part-time jobs.

The jobs report came ahead of the Bank of Canada’s rate decision and monetary policy report later this month.

The central bank has kept its key interest rate on hold at 1.75 per cent for more than a year even as many of its international peers, including the U.S. Federal Reserve, have moved to cut rates and loosen monetary policy in response to weakness in the global economy.

The Bank of Canada has said that the Canadian economy has been resilient despite the global uncertainty caused by the trade war between the United States and China.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

World’s biggest Nanaimo bar confirmed, but it’s not in Nanaimo

Two Ontario children set the bar high with successful biggest Nanaimo bar world record attempt

City of Nanaimo takes inventory of its land for official community plan review

Report recommends high-density residential development, identifies shortage of industrial land

UPDATE: Nanaimo RCMP report missing 19-year-old has been located safe and sound

Haley Murphy had not been seen since Tuesday, June 30, say police

Nanaimo-Ladysmith school district considers COVID-19 lessons in planning for fall

Elementary, secondary school committees formed to plan for next school year

Infringing festival finds a way to dance during pandemic

Crimson Coast Dance Society holding drive-in, micro and physically distanced events July 10-19

B.C. records 31 new cases, six deaths over three days due to COVID-19

There are 166 active cases in B.C., 16 people in hospital

Langford teens reunited with family after rescue near Chemainus

Friends spent night in missing truck, spotted by RCMP helicopter

B.C. homeowners plead for action on condo insurance crisis

Strata property fees growing bigger than mortgage payments

Indigenous man behind complaint of BC Transplant’s alcohol abstinence policy has died

David Dennis, who is Nuu-chah-nulth, argued that six-month sobriety policy is a ‘lethal form of racism’

ICBC to resume road tests in July with priority for rebookings, health-care workers

Tests have been on hold for four months due to COVID-19

Restaurant to be converted into housing for people experiencing homelessness

BC Housing buys popular Campbell River eatery for $985,000 to serve as bridge housing

Urge travellers to follow COVID-19 rules in a ‘gentle way’: B.C.’s top doctor

Cases surging in the U.S. have B.C. officials hoping the border stays shut all summer

96-year-old woman scales B.C. butte with help of family, friends

‘I did as I was told and I enjoyed every minute of it’

Parallel crises: How COVID-19 exacerbated B.C.’s drug overdose emergency

Part 1: Officials say isolation, toxic drug supply, CERB, contributing to crisis

Most Read