Unemployment back at 5.8 per cent

46,000 new jobs pushes unemployment back down to 33-year low
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|hrreporter.com|Last Updated: 02/20/2008

With 46,000 new jobs in January, Canada's unemployment rate dropped back down to 5.8 per cent, matching the record 33-year low recorded in October 2007.

All of the new jobs in January came in the form of full-time positions. Over the last 12 months, employment has grown by two per cent and full-time work has been growing twice as fast as part-time work.

Professional, scientific and technical services and construction and manufacturing saw the most employment gains in January, while there were job losses in information, culture and recreation as well as retail and wholesale trade.