This presentation will give you a look at labour market for Canada. Canada has struggle to create jobs in 2016 due to many factors like low commodity prices or consumer debt levels or slow world growth which has reduced exports in 2016. Caution: You cannot look at one month, but the trends over past 8 months. The trends are concerning in areas like good producing as it continues to lose jobs. Government jobs seem to be growth area. However, government jobs need to be taken into context of sustainability of government.

1. LABOUR AND EMPLOYMENT
MARKET – CANADA –
AUGUST 2016
By: Paul Young, CPA, CGA
Date: September 9, 2016

2.  Presenter
 Paul Young, CPA
 25+ years experience in Corporate Finance, Taxation, Financial Solutions,
Business Process Improvements and Academia

3. Summary
 Following a decline in July, employment edged up in August (+26,000 or +0.1%). The unemployment rate
rose 0.1 percentage points to 7.0%, as more people participated in the labour market.
 Compared with 12 months earlier, employment increased by 77,000 (+0.4%), with all of the gains in part-time work. Over
the same period, the total number of hours worked fell slightly (-0.4%)
 In August, employment in public administration increased by 16,000. Despite an overall increase, there were employment
declines among survey interviewers and statistical clerks, an occupational group that corresponds with activities related to
the 2016 Census. Compared with 12 months earlier, employment in public administration was virtually unchanged.
 Employment declined by 23,000 in professional, scientific and technical services. Employment in this industry was little
changed on a year-over-year basis.
 Public sector employment increased by 57,000 in August, offsetting declines observed in July. Compared with 12 months
earlier, public sector employment was virtually unchanged. The public sector includes all employees in public
administration, most employees in utilities, and some employees in education, health care and social assistance,
transportation and warehousing, and other industries.
 Self-employment fell by 39,000 in August and was little changed on a year-over-year basis.
 The number of employees in the private sector was little changed compared with the previous month, while it increased by
97,000 (+0.8%) compared with 12 months earlier.
Source – Stats Canada

4. Source – Stats Canada