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Retail fuels job growth says Statistics Canada

05 Nov '05
1 min read

In October, employment rose by 30,000 in trade,
mostly retail, with increases among youths and adult
men, reports The Daily issued by Statistics Canada.

The largest gains were in furniture and home furnishing stores as well as building material and garden equipment dealers.

The increase in October brings total gains in trade since the beginning of the year to 76,000 (+3.0%), driven by strength in British Columbia.

Employment in finance, insurance, real estate and leasing rose by 26,000 in October, offsetting the previous month's decline. This leaves the number of people working in the industry up slightly (+1.3%) since the start of the year.

The largest increases in October were in Quebec and Alberta.

The number of factory jobs edged down again in October. Compared to 12 months ago, employment in manufacturing is down 5.6% (-129,000).

Although weakness continues to be widespread, the largest declines have occurred in furniture, machinery, and textile processing as well as in printing activities.

Statistics Canada

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