The latest labour force estimates were released by Statistics Canada Friday, and they paint a rosy picture with more people working in January 2019 than at this time past year.
It was 4.4 per cent in January, unchanged from December.
The census field covering oil and gas, forestry and mining jobs saw 100 jobs added compared to the same period past year, and 200 jobs lost month-over-month.
Alberta, hit hard by the oil-price decline, shed jobs for a second-straight month and saw its jobless rate rise to 6.8 per cent, up from 6.4 per cent.More news: Grammys the latest casualty of this tumultuous award season
The number is down a full percentage point from January 2018, where the unemployment rate was at 8.7 per cent.
In a comparison to last January most regions saw their unemployment rate decline. This article is strictly for informational purposes only. Employment in the accommodations and food services sector grew by 5,600 jobs, and transport and warehousing employment grew by 6,400 jobs.
"Definitely the headline job gain was very impressive", said BMO chief economist Douglas Porter. Canada's employment rate, participation rate and unemployment rate were all higher than that of the United States, adjusting for US-based employment concepts.
"Overall, it's been a good day for readings on the Canadian economy", says Royce Mendes, senior economist at CIBC, in a research note. The Bank of Canada has expressed confidence that wage growth will pick up its pace.More news: BAFTA suspends Bryan Singer’s nomination
The numbers Friday also showed that, year-over-year, the number of employee hours worked were up 1.2 per cent compared to 0.9 per cent in December.
Canada added 30,900 full-time jobs last month and 36,000 part-time positions, the report said.
Year-over-year, the unemployment rate is up from January 2018 when it sat at 3.8%, and when 37,700 people were reported to be employed in a labour force of 39,200. The details were relatively solid too, with the all of the jobs coming in paid employment and a slight tick up in wage growth despite Ontario's minimum wage increase falling out of the annual calculation.More news: Brad Pitt spotted at Jennifer Aniston's 50th birthday party