Canadian Job Prospects Positive
Canadian employers expect an upbeat hiring climate for the third quarter of 2010. 22 per cent of employers plan to increase their payrolls in the third quarter of 2010, while six per cent anticipate cutbacks.
Canadian Employment Continues to Rise
Following large employment gains in April, employment rose by 25,000 in May, the fifth consecutive monthly increase. The Canadian unemployment rate was unchanged at 8.1%. in May.
Canadian Wages March Survey
Average weekly earnings of Canadian payroll employees were $844.45 in March, up 2.9% from March 2008. In recent months, the pace of growth in average weekly earnings has accelerated.
Strong Canadian Housing Market
The Canadian residential average house price was $344,968 in April, a gain of 12 percent compared to one year ago. This is a smaller increase compared to those recorded over the past eight months. Bucking the national trend, price gains continued to increase in a number of major markets in Alberta, Ontario and Quebec.
Canada Welcomed Over 500,000 New Residents in 2009
Canada welcomed more than 500,000 permanent and temporary residents in 2009.
Canadian Employment Soars
Canadian employment increased by 109,000 in April, the largest monthly gain in percentage terms since August 2002. The unemployment rate edged down 0.1 percentage points in April to 8.1%, as more people participated in the labour market. April’s employment increase was entirely among private sector employees, while both the public sector and self-employment were unchanged.
More Jobs Again in Canada
Canadian employment edged up by 18,000 in March, continuing an upward trend that began in July 2009. The unemployment rate remained unchanged at 8.2%. Industries with notable increases in March were professional, scientific and technical services; construction; and natural resources. These gains were partially offset by declines in “other services;” business, building and other support services; and transportation and warehousing.
Large Gains in Full-time Work
The Canadian unemployment rate edged down 0.1 percentage points to 8.2% in February. Employment has been on an upward trend since July 2009. Underlying February’s employment change was a notable gain in full-time work, which was partially offset by a decline in part time.
More Diverse Canadian Population Predicted
The diversity of Canada’s population will continue to increase significantly during the next two decades, especially in the metropolitan areas.
Average Weekly Earnings $837.08 in December
Average weekly earnings of Canadian payroll employees were $837.08 in December, up 2.8% from December 2008. This was the fastest year-over-year growth in average weekly earnings since the peak in employment in October 2008.