11 May 2010

Canadian jobs increase by 108,700 in April, reports Statistics Canada

Statistics Canada has reported Canada created 108,700 jobs in April, the largest monthly gain in percentage terms since August 2002.

Canadian Jobs

Canada added 108,700 more jobs in the month of April, with Alberta being one of the provinces seeing the largest increases.

Employment grew in all provinces in April, with the largest increases in Ontario, Quebec, British Columbia, Alberta and Manitoba.

Wholesale and retail trade; business, building and other support services; and construction industries all led the way in adding new Canadian jobs.

The province of Alberta saw jobs grow by 10,000, and a report by the Conference Board of Canada says the economic recovery in the state will solidify in 2011 with 72,000 new positions expected to be created in the province.

The Conference Board’s Provincial Outlook-Spring 2010 report released Monday reported that strong labour markets will also push the unemployment rate down to 6.3 per cent and energy investment will continue to drive growth.

The report said activity in the construction and manufacturing industries will really pick up speed in 2011, while the mining industry will continue to play a big part in pushing the province's GDP next year.

"We do believe that at least the recession in Alberta is over. 2009 was the worst contraction in terms of real GDP that Alberta's seen since they started recording provincial data," said Todd Crawford, economist with the conference board.

"We do feel that this year coming out of the recession, companies may still be a little bit cautious in terms of their investment intentions. We do expect by 2011 the wrinkles to be ironed out," he said.

Conference Board of Canada is forecasting 23,000 jobs to be created in the province this year, but the unemployment rate will remain elevated at 6.8 per cent in 2010.


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