"The number of people employed grew by 67,000 in January, mostly among youth aged 15 to 24 and in the services-producing industries," Statistics Canada reported on Friday.
Key takeaways from the press release
- The unemployment rate increased 0.2 percentage points to 5.8% as more people looked for work.
- On a year-over-year basis, total employment was up 327,000 or 1.8%, reflecting increases in both full-time (+166,000) and part-time (+162,000) work.
- Over the same period, total hours worked were up 1.2%.
- In January, the number of employees increased by 112,000 in the private sector, while it was little changed in the public sector for the third consecutive month.