Canadian economy shatters expectations with over 50,000 new jobs created

The Canadian economy created 54,000 jobs in September, bringing the national unemployment rate down to 5.5 per cent. Those are the findings from Statistics Canada in the newly released latest Labour Force Survey, the monthly snapshot of the country’s job market. These gains come as a surprise to most economists, as predictions had been for…

Labour shortage: Tech sector professionals are in high demand in Atlantic Canada

It’s no secret that the labour market in Canada is going through some dramatic shifts right now. Much of the country is experiencing historic rates of low unemployment, and employers are rethinking their strategies for recruiting sought-after talent as the pool of potential workers shrinks. This is particularly true for specialized professionals needed to fill…

Canadian economy adds over 11,000 jobs in October

Statistics Canada has just released the latest Labour Force Survey, and it is another positive update. The Canadian economy added 33,900 full-time jobs in October, but these were partially offset by losses of 22,600 part-time positions. Statistics Canada reports that the net gain of 11,200 jobs nationwide is too small to be statistically relevant. This…