Surprising Job Picture in Canada in January

A surprising job picture from the Canadian Economy grew more jobs in January (2017), according to Stats Canada. This was unexpected by most economists, so a pleasant surprise (somewhat).

What Kind of Jobs ?

Surprising Employment Picture

Surprising Employment Story
(From Metropolitan Museum of Art Collection)

The unfortunate part of this story is that the economy is creating more part-time jobs (full-time job numbers are virtually unchanged). Why is this economy creating part-time jobs, or is that what is needed?

There is an argument put forward that as the population ages, maybe part-time jobs are what the older folks want? It can’t be that young folks want to have many jobs, with little or no benefits, can it?

Part-Time Jobs

The telling statement from the article is the following:

Despite little change in January, part-time employment was up on a year-over-year basis (+190,000 or +5.6%). In January, 19.6% of employed persons worked part time, compared with 18.8% the same month a year earlier.

Why a growing part-time work force ? This would be a very interesting report if I could find it somewhere.

Unemployment & Employment Graphs

Surprising job picture

Employment & Unemployment Seasonally Adjusted

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