MRO Magazine

Manufacturing jobs down by 77,000 to September

Ottawa, ON -- Spurred by a large gain in full-time jobs, employment rose by an estimated 46,000 in September 2003,...


Industry

October 14, 2003
By MRO Magazine
MRO Magazine

Ottawa, ON — Spurred by a large gain in full-time jobs, employment rose by an estimated 46,000 in September 2003, following slight declines in the previous two months, according to Statistics Canada. The unemployment rate was unchanged at 8.0% as the gain in employment was matched by a similar increase in the number of people entering the labour force.

An increase of 37,000 full-time jobs in September more than offset a decline in full-time employment the month earlier. So far in 2003, employment has increased by 98,000 (+0.6%), all in full-time jobs. This is in sharp contrast to the strong gain of 434,000 (+2.9%) during the first nine months of 2002 when employment was strong in both full-time and part-time jobs.

Most of September’s job increase was in Ontario, up by an estimated 39,000, bringing gains so far this year to 86,000 (+1.4%). The gain in September was in full-time jobs (+51,000), while part-time employment fell slightly. The largest increases were in construction, finance, insurance, real estate and leasing, as well as education services. The unemployment rate edged up 0.2 percentage points to 7.3%, the result of a large increase in labour force participation.

In Ontario, hours worked rebounded 5.3% in September following a drop of 5.9% in August, when the power outage in Ontario and parts of the United States occurred.

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Nationally, employment in health care and social assistance rose by 18,000, offsetting the decline in August. The increase in September continues a long-term upward trend, with gains since August 2001 totalling 145,000 (+9.4%).

Manufacturing employment edged down 15,000 in September, bringing losses so far in 2003 to 77,000 (-3.3%). This contrasts to 2002 when manufacturing was the engine of job growth. In the United States, the number of factory jobs during the first nine months of 2003 has decreased (-3.1%) at a pace similar to that of Canada.