Canada adds 66800 jobs in January, unemployment rate rises

New Brunswick adds 3,600 jobs in January, pushing unemployment rate down

"The annual increase in average hourly earnings did rise to 1.8 per cent in January from 1.5 per cent in December though it is still indicative of flat real wage growth".

"It might catch your eye that you have this massive print in youth employment, but the actual story is that youth employment over the a year ago is just flat; it was reversing some of the losses we've seen recently", said Royce Mendes, senior economist at CIBC World Markets.

The unemployment rate continued to hover at about 5.5 per cent. Year-over-year, Saskatchewan gained 7,700 jobs. However, those numbers are not as high as a year ago.

The western part of Alberta once again has the second lowest unemployment rate in the province. Employment in the Calgary region rose by 2,900 month over month and by 6,900 year over year. Unemployment in that province increased by 0.4 percentage points. In January, the labour force contracted to 104,200 from 105,300, the number of people employed fell to 96,100 from 98,200 and the participation rate went from 66 to 65.6 per cent.

In Calgary, the unemployment rate was at 7.3% last month, while in Edmonton, it was at 6.4%.

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Elsewhere, though, including Quebec, Ontario, Nova Scotia, New Brunswick and Manitoba, jobs were added. Canada's employment rate, participation rate and unemployment rate were all higher than that of the United States, adjusting for US-based employment concepts.

Alberta added 24,000 jobs in November, provincial unemployment drops to 6.3%.

There was an increase in people working in service-producing industries led by wholesale and retail trade, professional, scientific and technical services, and public administration.

Last week, Bank of Canada senior deputy governor Carolyn Wilkins said the country has been in a "puzzling" stretch of weak wage growth at a time when the job market has been experiencing one of its biggest labour shortages in years.

The nation-wide data can be viewed through Statistics Canada's website.

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