Windsor's unemployment rate sees significant drop

The Globe and Mail

The largest employment declines were in Ontario and Quebec.

That trend was reflected nationally, with Canada adding 49,000 full-time jobs compared with the 137,000 part-time jobs that were lost that month.

The Saskatchewan unemployment rate hit a mark of 5.4 percent, which is tied for second best, and sits five points better than the national average at 5.9 percent.

It wasn't just Ontario that saw wage growth of more than 3 per cent. Quebec, Alberta and British Columbia recorded increases over that level, with the westernmost province's wages rising almost 4 per cent.

According to Statistics Canada's monthly labour force survey, there were 5,000 more people working in the region in January as there were 192,700 people employed last month compared with 187,700 at the same time previous year.

However, several experts made sure to note that before trying to draw conclusions from the January report, one should consider the well-known month-to-month volatility in the jobs figures.

Statistics Canada says 88,000 jobs were lost in January, the biggest one-month drop in nine years.

"Quite frankly, we were overdue for a bad number".

After a record-breaking string of gains, Canada's job market was due for a pullback, said James Marple, TD senior economist. "However, it does bring the job market back down to Earth", said Porter in online release.

Hidden Maya cities uncovered
Professor Houston said that the discoveries were "breathtaking" and that the imagery brought him to tears. Garrison's research is responsible for the largest-ever LiDAR survey for an archaeological project.

"I don't think that the January number is the start of a whole series of declines - I think it's more of a reflection of the fact that we were tracking abnormally strong numbers behind us", Alexander said.

"Overall, a mysterious mix of good and bad, with the latter's impact blunted by how strong job gains were in the lead-up to these figures", CIBC chief economist Avery Shenfeld wrote in a commentary.

January's job losses lowered expectations that the Bank of Canada would hike interest rates at its next rate announcement scheduled for March.

Job losses were heaviest in the services sector, which shed 71,900 positions in industries including educational services, finance, insurance and real estate.

"We will want to see a few more months of data to judge whether there has been an impact from the minimum-wage hike", said Josh Nye, economist with RBC. The unemployment rate rose to 6.5 per cent in January, up from 6.2 per cent the month before.

By region, the agency said Ontario and Quebec saw the biggest decreases last month, while New Brunswick and Manitoba also had net losses.

Most analysts cautiously highlighted the potential connection.

Ontario shed some 59,300 part-time jobs in January as the province implemented a $2.40 cent minimum wage hike at the start of the month.

"But proving causality may remain contentious".

Related News:



Most liked

Nigeria's 2018 World Cup Gear Is As Dope As It Gets
However you feel about England's new sartorial release, I think we can all agree it's not a patch on Nigeria's effort. Reacting to the new designs, Mikel said: "I can see the players going insane over this one".

Oil drops as volatility concern counters reported inventory draw
These cuts have been somewhat offset by rising US oil production C-OUT-T-EIA, with output up 1 million bpd in the a year ago . Whether this is a blip or the beginning of a longer term decline in crude prices is still an open question.

Apple HomePod sounds nice however not so good: critics
Customers can place an order for the HomePod directly from Apple's online store, or purchase it from any nearby Apple Store. It's useful if you're out of Siri's hearing range, but it's hardly as straightforward as other smart speakers make it.

Snap Inc. stock skyrockets after active user growth, strong earnings report
Snap posted a loss of US$350mln, or 28 cents a share, compared to a loss of US$170mln, or 20 cents a share, a year earlier. It added 8.9 million daily active users in the final three months of the year, more than any other quarter of the year.

North Korea: US Planning 'Bloody Nose' First Strike
We most certainly welcome China's assurance. "The situation has on the Korean Peninsula has not changed". The 2010 paper saw the United States wanting to reduce the role and the importance of nuclear weapons.

Stormi Webster, Kylie Jenner's Newborn Daughter, Has No Middle Name
People want what they can't have, even if it's just information about a 20-year-old reality television star's potential pregnancy. Between the name reveal and the image of Stormi's tiny hand, Twitter and Instagram have found enough material to work with.

Cavs trade Wade to Miami; LeBron says good-bye
That deserved a beer as golden as his championship rings, said Nightlife head brewer John Cooper, a Miami native. Nightlife had just finished brewing a new beer the morning they heard the Heat had traded for Wade.

ESPN Plus to launch at $4.99 per month
In Q1, the segment benefited from higher results at domestic parks and growth at Disney Cruise Line and Disney Vacation Club. Advertising revenue at ESPN also dropped; Disney cited a timing shift in college football playoff games as one reason.

European Union calls for lifting of emergency in Maldives
Gayoom's lawyer and nephew Maumoon Hameed said on Twitter that his uncle had been informed of the imminent transfer by police. This, he said, set risky legal precedents. "We are asking for a physical presence", Nasheed had tweeted.

IOS 11.3 Battery Health Feature Revealed
If you're a developer or a public tester and have a valid configuration profile, then you're eligible for getting the latest beta. If you have purchased the iPhone X, you do not have to worry about Apple throttling its performance as its battery gets older.

Indian foreign minister Sushma Swaraj visits Saudi Arabia
The country is a major source of India's energy requirement as it accounts for nearly one-fifth of India's crude oil requirement. Saudi Arabia is the fourth largest trading partner for India with bilateral trade exceeding $25 billion in 2016-17.

Anushka Sharma drops teaser of horror flick Pari
Directed by debutant Prosit Roy, the film also stars Parambrata Chatterjee, Rajat Kapoor & Ritabhari Chakraborty in pivotal roles. Pari which was slated to hit the screens on 9th February 2018 will now hit the screens on 2nd March during the Holi weekend.

Rooney knows where Man Utd will be looking to strengthen in summer
It should be noted, too, that this is not a vintage year for European club sides, with very few standing out as the favourites. This isn't the first time the United manager has complained about Old Trafford lacking the buzz.

Virat Kohli smashes 160 no, India post 303
The Indian captain hit Kagiso Rabada for a six and a four off the last two balls of the innings to take India over 300. Markram then turned to a twin spin attack with JP Duminy joining Imran Tahir in an attempt to stem the runs.

Trump asks Pentagon for military parade
The armistice was signed and fighting ceased at 11 a.m. on November 11, 1918, and the date this year marks the 100th anniversary. The spokesman on Tuesday described the planning process as being in its "infancy", reports CNN .