Canada's job market shakes off recession fears, with 150,000 jobs added in January | CBC News

  • 📰 natnewswatch
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 59%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Canada's economy added 150,000 jobs in January, blowing past expectations for the second month in a row.

Statistics Canada reported Friday that most of the jobs — more than 120,000 — were of the full-time variety.of 69,000 jobs the previous month. They were also ten times more than the amount of jobs that economists were expecting to have been added.

Booming demand in the construction sector comes as no surprise to Jenna Wood, director of human resources at TSX-listed construction firm Aecon Inc.The company has been in need of workers since even before the pandemic started, which is why it launched a training program targeting women, who are traditionally underrepresented in the industry.

"I just like the hands-on aspect of it. You're actually out there doing things and time kind of flies by when you are doing things like that," she told CBC News. "It's really helpful in the sense that you're building part of your community. You can look at things and say that, 'I built that.'"Aecon is investing in training programs to meet its need for workers, but construction is far from the only sector facing a labour crunch.

"We hear of some layoffs at some big tech firms but we're also hearing of many small- to mid-sized companies having trouble attracting ... high-skilled talent," the company's national director Michael French told CBC News in an interview."Even though there are some headwinds, we are finding that the job market is still very, very strong. Managers can't find the people they want.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I call bullshit Quit listening to MSM people!!

Public sector jobs don’t count.

Where are the actual numbers?

You realize the BOC is setting this up to allow for higher interest rates right? Lol Rates need to go much higher and they know it. They wouldn't have the go ahead of the jobs stuttered. Keep believing the numbers folks

Bs !!!! Low paying jobs that no one will take ! How about your employees at cbc they are going need a job soon maybe they can apply!

The only jobs created by the federal gov't are for the federal gov't.

XXXKOFF LIBERAL BOUGHT MEDIA. YOU LOST YOUR WAY

Now provide the real statistics. Compare to 2019. More? Less? Same? Wage comparison?.

Thanks Trudeau!

How are conservatives like PierrePoilievre going to say this is bad and JT is terrible?

There you go. Attacking delicate PierrePoilievre again. Don't you know everything is supposed to be broken?

PP is going to hate this

Reading comprehension is important, some of you should try it.

And the Bank of Canada will see this as a bad thing. 'Too many jobs! Not enough workers! Wages too high!'

Can we stop talking about recession now.

fabrication for banks . As I know, construction recession for sure

Canada is broken. Trudgrope has to be held responsible for this

Check out all the paid kuks/bots using the same broken line! lmao! You're all very transparent.

ThanksTrudeau PierrePoilievreIsLyingToYou

minimum wage jobs. The kind of job that will never get you out of mom and dad's basement.

CBC spreading misinformation again

Quality not quantity. My guess is few pay a living wage.

I was told everything is broken

Hey PierrePoilievre Canada is not broken. Dented, perhaps. Broken, no.

PierrePoilievre what was it you said was broken? 🤔

But... but... PierrePoilievre said Canada is broken. Did he lie to us? 🤨

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 58. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Statistics Canada to release job market report for January - National | Globalnews.caThe December report showed a gain of 104,000 jobs and an unemployment rate of 5.0 per cent, slightly above the record-low of 4.9 per cent reached in the summer.
Source: GlobalNational - 🏆 81. / 51 Read more »