Factory employment continues decline
Ottawa, ON -- Employment increased by 26,000 in January 2006 following a pause the month before, Statistics Canada ...
Ottawa, ON — Employment increased by 26,000 in January 2006 following a pause the month before, Statistics Canada reports in its latest Labour Force Survey. Although employment increased, the unemployment rate edged up 0.1 percentage points to 6.6% as more people entered the labour force in search of work.
Compared to 12 months ago, employment is up 1.7% (+269,000), slightly less than the rate of employment growth in the United States over the same period (+2.0%).
In January, the average hourly wage rate was up 3.4% from 12 months ago, well ahead of the most recent year-over-year increase in the Consumer Price Index of 2.2%.
Alberta continued to lead the nation with an increase of 7.4% in the average hourly wage rate compared to 12 months ago.
The downward trend in the number of factory jobs continued in January with a decline of 42,000, mostly in Ontario. Since the end of 2002, employment in manufacturing has fallen by 8.2%.