The Canadian economy added 35.2 thousand jobs in December of 2019 after shedding 71.2 thousand in the previous month, which was the biggest decline since January of 2009. It compares with market expectations of a 25 thousand gain. Employment increased in Ontario (25K), Quebec (21K), Manitoba (2.8K) and Prince Edward Island (1.1K), while a decline was recorded in Newfoundland and Labrador (-5K). There were more employees in the private sector (57K) in December, offsetting a decline of a similar size in November. Employment increased in accommodation and food services (25K) and in construction (17K), while it was little changed in the other industries. Considering full 2019, employment in Canada increased by 320K or 1.7%, a faster pace than 1.1% in 2018. The growth was spread across the first three quarters of the year and was mostly the result of gains in full-time work (283K).
Employment Change in Canada averaged 18.01 Thousand from 1976 until 2019, reaching an all time high of 106.50 Thousand in April of 2019 and a record low of -124.80 Thousand in January of 2009. This page provides the latest reported value for - Canada Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Statistics Canada
Employment Change in Canada is expected to be 20.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Canada to stand at 30.00 in 12 months time. In the long-term, the Canada Employment Change is projected to trend around 17.68 Thousand in 2020, according to our econometric models.