StatsCan reported the January figures for the Canadian labour force today showing that an extra 35,000 people are now working and that unemployment has fallen to 6.6 per cent; 0.1 per cent lower than in December. In the 12 month period to January there was a 0.7 per cent rise in jobs with the second half of the period showing the best growth. For January it was part-time jobs and women over 55 that gained the most. Natural resources jobs declined while professional, scientific and professional services led the gains and there was an increase in self-employment. Provincially, employment rose in Quebec, Alberta, New Brunswick and Prince Edward Island in January. At the same time, there was a decline in Saskatchewan.
More market talk: