Unemployment edges up to 6.2 per cent: StatsCan

Gains in full-time jobs offset by losses in part-time
By
|hrreporter.com|Last Updated: 11/07/2008

After large employment gains in September, the job market began to feel the effects of the economic slowdown and the unemployment rate increased slightly in October from 6.1 per cent to 6.2 per cent, according to Statistics Canada.

While there was an increase in full-time jobs, these gains were mostly offset by losses in part-time work.

Most of the new jobs were in public administration, which saw 40,000 new jobs across the country, and were tied to the election. Most of the losses occurred in accommodation and food services, which saw a decline of 27,000 jobs mostly in Ontario and Quebec.