A welder fabricates a steel structure at an iron works facility in Ottawa on Monday, March 5, 2018. The economy shed 7,200 positions in March after a pair of strong monthly gains that helped country still manage to close out its best quarter of job creation since late 2017. THE CANADIAN PRESS/Sean Kilpatrick

Canada posts job-market decline in March that follows big gains to start 2019

The March decline followed monthly increases of 66,800 net new jobs in January and 55,900 in February

The economy shed 7,200 positions in March after a pair of strong monthly gains to start the year that helped the country still manage to close out its best quarter of job creation since late 2017, Statistics Canada said Friday.

The agency’s latest labour force survey found the unemployment rate held firm last month at 5.8 per cent.

The March decline followed monthly increases of 66,800 net new jobs in January and 55,900 in February — which was the country’s best two-month start to a year since 1981.

The employment increase over the first three months of 2019 was the strongest quarter since the final months of 2017.

“The party had to end at some point, since Canadian jobs data had outrun other signposts of economic growth so dramatically, making the small retreat in employment in March not much of a surprise,” CIBC chief economist Avery Shenfeld said in a research note.

Any prolonged stretch of significant job declines would be a concern for Canada, where employment has been one of the few consistent positives in an economy that has shown signs of slowing down in recent months.

Compared with a year earlier, the March report showed that Canada added 331,600 jobs for an increase of 1.8 per cent.

A loss of 6,400 full-time jobs made up the bulk of last month’s decrease, Statistics Canada said.

The number of employee positions in the private sector fell by 17,300 last month, while public-employee jobs increased by 4,200 and self-employed occupations rose by 6,000.

Employment for women in the core working age group of 25 to 54 saw a decrease of 47,600 for its biggest month-to-month decline since the start of the data series in 1976.

Year-over-year average hourly wage growth for all employees in March was 2.4 per cent, which was up from February’s reading of 2.3 per cent. For permanent employees, wage growth was 2.3 per cent, an increase from the previous reading of 2.25 per cent.

Many experts had expected the surprise job-creation surge at the start of the year to lose momentum. The average economist estimate had predicted a gain of 1,000 jobs, according to a poll by Thomson Reuters Eikon.

Andy Blatchford, The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

Wet’suwet’en clan launches civil lawsuit against Coastal GasLink

Gidimt’en seeking damages and costs over destruction of logging road encampment and gate

New record set at Totem to Totem marathon

Thomas Nichini of Vancouver breaks marathon mark, while Tlell’s Brionne Lavoie wins men’s 10 km

RCMP searching for missing Lax Kw’alaams resident

Public urged to help in search for 42-year-old Lawrence Maitland

Queen Charlotte highlights the year that was in 2018 Annual Report

A number of works projects were completed, as well as improvements at the youth centre

Boon Docs, life as a rural doctor tickles the funny bone

Haida Gwaii’s Caroline Shooner draws observations from the medical field

VIDEO: Missing teens named as suspects in three northern B.C. killings

Kam McLeod and Bryer Schmegelsky are wanted in the deaths of Lucas Fowler, Chynna Deese, unknown man

B.C. rail crossing death highlights risks for people in wheelchairs: watchdog

Transportation Safety Board points to ‘persistent risks faced by persons using assistive devices’

BC Cancer Agency refuses to release audit’s critical findings, but discloses ‘positive’ findings

Information and Privacy Commissioner asked to review redactions of cancer agency’s triage audit

B.C. teens wanted in double homicide, suspicious death spotted in Manitoba

Kam McLeod and Bryer Schmegelsky were thought to have been seen in the Gillam area

Memorial bench painted by Vancouver woman to stay in park for now

Park board to look at options for artistic enhancements on commemorative benches

VIDEO: Man found dead near B.C. teens’ truck could be linked to a double homicide

RCMP said they are looking for Kam McLeod, 19, and Bryer Schmegelsky, 18, of Port Alberni

Weather Network’s anti-meat video ‘doesn’t reflect true story’: cattle ranchers

At issue is the video’s suggestion that cutting back on meat consumption could help save the planet

VIDEO: Young couple found dead in northern B.C. had been shot, police say

Chynna Noelle Deese of the U.S. and Lucas Robertson Fowler of Australia were found along Highway 97

Wrestling legend finds his wedding dance groove in B.C.

Professional wrestler Chris Jericho posted on social media that he was in Penticton recently

Most Read