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Canada's Job Market in May was more "Iffy"

June 09, 2008 - Alex Carrick
Abstract:

According to the latest release on labour markets by Statistics Canada, 8,000 new jobs were created nationwide in May 2008. The mathematics of this increase were fairly simple. Full-time jobs declined by 32,000 in the month, while part-time jobs increased by 40,000. There were other minor offsetting regional changes, but all of the part-time jobs increase can be explained by Ontario (+27,800) and Alberta (+12,500). A concern is that part-time jobs are not generally as high-paying or stable as full-time jobs.

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