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UPDATE 1-Canada adds 44,400 jobs in Oct as election gives lift

Published 2015-11-06, 08:42 a/m
© Reuters. UPDATE 1-Canada adds 44,400 jobs in Oct as election gives lift

(Adds details from report)
OTTAWA, Nov 6 (Reuters) - Canada added 44,400 jobs in
October, the biggest gain in five months, sending the
unemployment rate down as employment in the public
administration sector jumped on hiring related to last month's
election, data from Statistics Canada showed on Friday.
The figures handily topped economists' expectations for a
gain of 10,000 last month. The unemployment rate, which had
drifted higher recently, eased to 7.0 percent from 7.1 percent.
The increase in employment was the largest since May.
Canada was in a mild recession in the first half of the
year, but analysts expect the economy has already recovered and
point to the resiliency of the labor market despite layoffs in
the energy sector.
Employment in the public administration sector increased by
32,000 positions in October, coinciding with temporary hiring
related to the federal election.
Still, hiring picked up in other sectors, including a 17,600
increase in trade, and a 12,900 gain in accommodation and food
services.
The overall job gains also came as the participation rate
increased to 66.0 percent and brought the number of employed
Canadians to over 18 million for the first time.
But the natural resources sector, which has been hurt by the
drop in commodity prices, continued to shed jobs with employment
falling by 8,000. Over the past 12 months, the industry has lost
25,600 jobs, with most of the declines in Alberta.

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