Canadian economy added 35,200 jobs in December, unemployment rate falls

Regionally, Ontario and Quebec led the job gains

The Canadian economy added 35,200 jobs in December, fuelled by a gain in full-time jobs, to post the first monthly increase in jobs since September.

Statistics Canada said Friday the unemployment rate fell to 5.6 per cent for the final month of the year, compared with a rate of 5.9 per cent in November when the country lost 71,200 jobs, the biggest monthly loss of jobs since the financial crisis.

The federal agency’s monthly labour force survey said the increase in the number of jobs in December came as full-time employment rose by 38,400 jobs. The number of part-time jobs fell by 3,200.

The gain in jobs came as the number of private sector employees rose by 56,900, offset by a loss of 21,500 public sector jobs. The number of self-employed fell by 200.

The goods-producing sector added 15,700 jobs, helped by a gain of 17,000 jobs in the construction industry. Meanwhile, the services-producing sector added 19,400 jobs as the accommodation and food services industry gained 24,900 jobs.

Regionally, Ontario and Quebec led the job gains.

Ontario added 25,100 jobs in December, boosted by gains in construction and public administration. Quebec added 21,100 jobs in the month, helped by gains in the accommodation and food services sector as well as manufacturing.

Newfoundland and Labrador lost 5,000 jobs in December.

The Canadian economy added 320,300 jobs for all of 2019 including 282,800 full-time positions and 37,500 part-time jobs.

The jobs report came ahead of the Bank of Canada’s rate decision and monetary policy report later this month.

The central bank has kept its key interest rate on hold at 1.75 per cent for more than a year even as many of its international peers, including the U.S. Federal Reserve, have moved to cut rates and loosen monetary policy in response to weakness in the global economy.

The Bank of Canada has said that the Canadian economy has been resilient despite the global uncertainty caused by the trade war between the United States and China.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

3 new COVID-19 cases on peninsula

One resident and two workers employed by a seafood processor in the borough tested positive.

Ken Monkhouse, ‘Monkey’ on Highway Thru Hell TV show, passes away

Monkhouse passed away Sunday night of a heartattack, Jamie Davis towing confirmed

A second wave of COVID-19 is probable, if history tells us anything

B.C.’s top doctor says that what health officials have learned this round will guide response in future

Council talks trash: New garbage bylaw in the works

Draft bylaw to be voted on at Monday, May 25 council meeting

UPDATE: Police oversight agency investigating after shots fired Saturday night in Chilliwack neighbourhood

RCMP reported a ‘distraught male’ fired at police officers on Christina Drive – IIO is on scene Sunday

Kelowna man charged with harming a hamster

The 20-year-old Kelowna man faces several animal cruelty charges

High tech fish transport system set up to ‘whoosh’ salmon past Big Bar landslide

Fish will spend roughly 20 seconds inside the system, moving at roughly 20 metres per second

Trudeau to seek 10 days of paid sick leave for Canadian workers, says talks are ongoing

Paid sick leave is key to keeping COVID-19 spread under control, prime minister says

Snowbirds jets will not be leaving Kamloops, just yet

The Snowbirds have been in Kamloops since May 17 when a plane crashed killing Capt. Jennifer Casey

COVID-19 checkpoints ‘up to them,’ Bonnie Henry says of remote B.C. villages

Support local tourism economy, but only if you’re invited in

Vancouver Island hasn’t seen a new homegrown case of COVID-19 in two weeks

Island’s low and steady transmission rate chalked up to several factors

Eight people arrested in Victoria homeless camp after enforcement order issued

Those living in tents were given until May 20 to move indoors

Andrew Weaver says he was ready to defeat John Horgan government

Independent MLA blasts B.C. Greens over LNG opposition

Most Read