in Stats Canada, Unemployment

Friday we got the news that there are more jobs in Canada in March, but they are part-time, thus those who are piecing together “patch work careers” made up of many part-time jobs, have found more of them? This is good news?

The report states:

Employment increased by 29,000 in March, driven by gains in part-time work. The unemployment rate was unchanged at 6.8%.

Over the first quarter, employment gains totalled 63,000 (+0.4%), the result of more part-time work.

In the 12 months to March, employment increased by 138,000 (+0.8%), with most of the growth in full-time work. Over the same period, the total number of hours worked was little changed (+0.1%).

More part-time jobs? Great for old folk who might retire and only want to work part-time, or teenagers looking for some extra cash, but for folks attempting to support  family? Yeh, not so much. I guess if we look at it year over year, there are more full-time jobs, so kind of “yea”?

Employment in Canada

Employment from the Past 5 Years

Unemployment continues to hover at 6.8%, which again, is a bit confusing, and has me wondering how all these numbers are calculated.

Unemployment

Unemployment for Past Little While

If you thought this was “fun with numbers”, the following statement is even more telling:

Adjusted to concepts used in the United States, the unemployment rate in Canada was 5.9% in March, unchanged from February. At the same time, the US unemployment rate was 5.5%, also unchanged from a month earlier.

So the unemployment number might be even lower if we used American job counting methods? This is arithmetic, isn’t it?

The Big Table

More importantly here is one of the big employment tables, that you should read every month, just to understand what you are being told.

Labour force characteristics by age and sex – Seasonally adjusted

February 2015 March 2015 Std err1 Feb to Mar 2015 Mar 2014 to Mar 2015 Feb to Mar 2015 Mar 2014 to Mar 2015
thousands (except rates)

change in thousands (except rates)

% change

Both sexes, 15 years and over
Population 29,160.7 29,183.3 22.6 303.8 0.1 1.1
Labour force 19,197.6 19,224.0 29.0 26.4 111.9 0.1 0.6
Employment 17,885.9 17,914.6 28.7 28.7 138.1 0.2 0.8
Full-time 14,488.2 14,460.0 39.2 -28.2 110.5 -0.2 0.8
Part-time 3,397.8 3,454.6 36.1 56.8 27.6 1.7 0.8
Unemployment 1,311.7 1,309.3 24.6 -2.4 -26.3 -0.2 -2.0
Participation rate 65.8 65.9 0.1 0.1 -0.3
Unemployment rate 6.8 6.8 0.1 0.0 -0.2
Employment rate 61.3 61.4 0.1 0.1 -0.2
Part-time rate 19.0 19.3 0.2 0.3 0.0
Youths, 15 to 24 years
Population 4,446.9 4,443.8 -3.1 -43.2 -0.1 -1.0
Labour force 2,870.9 2,872.4 16.9 1.5 6.8 0.1 0.2
Employment 2,488.4 2,499.0 15.6 10.6 23.3 0.4 0.9
Full-time 1,266.2 1,262.7 18.8 -3.5 -14.6 -0.3 -1.1
Part-time 1,222.1 1,236.3 19.8 14.2 37.9 1.2 3.2
Unemployment 382.6 373.3 14.5 -9.3 -16.6 -2.4 -4.3
Participation rate 64.6 64.6 0.4 0.0 0.7
Unemployment rate 13.3 13.0 0.5 -0.3 -0.6
Employment rate 56.0 56.2 0.3 0.2 1.0
Part-time rate 49.1 49.5 0.7 0.4 1.1
Men, 25 years and over
Population 12,087.5 12,099.8 12.3 168.9 0.1 1.4
Labour force 8,674.0 8,655.8 15.3 -18.2 63.0 -0.2 0.7
Employment 8,139.5 8,135.2 16.5 -4.3 76.3 -0.1 0.9
Full-time 7,497.2 7,486.7 21.9 -10.5 102.2 -0.1 1.4
Part-time 642.3 648.5 17.9 6.2 -25.9 1.0 -3.8
Unemployment 534.5 520.6 14.3 -13.9 -13.3 -2.6 -2.5
Participation rate 71.8 71.5 0.1 -0.3 -0.5
Unemployment rate 6.2 6.0 0.2 -0.2 -0.2
Employment rate 67.3 67.2 0.1 -0.1 -0.3
Part-time rate 7.9 8.0 0.2 0.1 -0.4
Women, 25 years and over
Population 12,626.2 12,639.8 13.6 178.2 0.1 1.4
Labour force 7,652.7 7,695.8 16.5 43.1 42.1 0.6 0.6
Employment 7,258.1 7,280.4 16.0 22.3 38.5 0.3 0.5
Full-time 5,724.7 5,710.6 24.9 -14.1 22.8 -0.2 0.4
Part-time 1,533.4 1,569.8 23.7 36.4 15.7 2.4 1.0
Unemployment 394.6 415.4 13.2 20.8 3.6 5.3 0.9
Participation rate 60.6 60.9 0.1 0.3 -0.5
Unemployment rate 5.2 5.4 0.2 0.2 0.0
Employment rate 57.5 57.6 0.1 0.1 -0.5
Part-time rate 21.1 21.6 0.3 0.4 0.1

not applicable

1.Average standard error for change in two consecutive months. See “Sampling variability of estimates” in the section “About the Labour Force Survey” at the end of the publication Labour Force Information (Catalogue number71-001-X) for further explanations.

Note(s):

The sum of individual categories may not always add up to the total as a result of rounding.

Source(s):

CANSIM table 282-0087.

 

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