By REUTERS
Posted 1 hour ago
Canadian employment rose by 17,500 jobs in December, roughly in line with expectations of a 20,000 gain, but all the new jobs were part-time and not enough to offset the previous two months of declines, according to Statistics Canada data on Friday.
Despite the new hires, the unemployment rate rose to its highest level since April, to 7.5% from November's 7.4%, as more people participated in the job market.
The economy ended the year with employment growth of 1.2%, or 199,000 jobs. Nearly all of the gains were in the first half of the year and all of them - 208,000 - were full-time, Statistics Canada said.
However, full-time employment fell by 25,500 in December while part-time rose by 43,100. In October and November, the economy shed 72,600 positions, 37,100 of them full-time.
The struggling manufacturing sector racked up its biggest gain in a year, adding 30,400 jobs after losses of 79,000 in the previous three months. Manufacturing ended the year down 50,000 jobs from 12 months earlier.
(Reporting by Randall Palmer; Editing by Chizu Nomiyama)
Source: http://www.communitypress.ca/ArticleDisplay.aspx?e=3427580
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