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New jobs report evident at Cape Breton call centre

The proof of Canada’s newest jobs report is clear on the Sydney Name Centre in Cape Breton, Nova Scotia.

The centre had its strongest month of the fiscal 12 months in October, because it employed 190 new workers, says Rick Ward, the centre’s regional supervisor.

Final month’s new hires introduced the corporate to its long-standing purpose of 600 workers, mentioned Ward.

“Now, we’re trying to push over that,” he mentioned.

The Canadian economic system added 108,000 jobs in October, reversing a lot of the losses seen in current months.

In its newest labour drive survey, Statistics Canada said Friday that the unemployment fee for the final month remained regular at 5.2 per cent.

“We’re undoubtedly not seeing that slowdown within the labour market that lots of people are predicting will occur,” mentioned Lana Asaff of the Atlantic Provinces Financial Council.

Whereas there was little month-to-month change in Nova Scotia and New Brunswick, employment on P.E.I. jumped by 4,300 jobs.

The Island’s unemployment fee fell from 8.3 per cent to five.4 per cent.

Quebec had the bottom jobless fee at 4.1 per cent, whereas Newfoundland and Labrador had the very best at 10.3 per cent.

Nevertheless, Asaaf warns these developments — whereas a constructive signal for now — may not essentially final.

“Trying on the month-to-month modifications, there’s a whole lot of volatility in these numbers,” she mentioned. “So, we do not need to make an excessive amount of over what simply occurred in October. We’ll see what occurs subsequent month, and over the subsequent couple of months.”

For the fifth consecutive month, Statistics Canada says wages continued to rise and have been 5.6 per cent increased than a 12 months in the past, however nonetheless fell in need of the annual inflation fee which sat at 6.9 per cent in September.

The report reveals that high-wage earners had a greater probability of getting a increase over the past 12 months, in comparison with these incomes decrease wages.

Amongst staff who’ve been with their employer for the final twelve months, practically 66 per cent of staff incomes greater than $40 an hour received a increase. Compared, 50 per cent of staff making lower than $20 an hour noticed their wages go up.

With recordsdata from the Canadian Press.

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