11 January 2008

Provincial labour force numbers

Overall, the Canadian economy lost jobs, according to the latest Statistics Canada information and in Newfoundland and Labrador, the economy showed a December to December flat line.

Full-time employment grew by 2.3% comparing December 2007 to December 2006, while part-time employment in the same period declined 11.7%. 

About 2,000 fewer people were unemployed in the province in the same period, a decline of 11%.

The month to month change - November '06 to December '06 - appears to be a shift from part-time to full-time employment. Full-time employment grew by 4200 jobs while part-time employment declined by 4000 jobs.  Unemployment decreased by 3900 in the same month over month period.

Overall, the labour force remained the same in the last two months of 2006. On a seasonally adjusted basis, there were 1900 fewer people in the province in December 2007 compared to December 2006.

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