Canada : Employment fell by 129,000 in January (-0.8%),

[RTFX-Trading]

Latest release from the Labour Force Survey (PDF)

Friday, February 6, 2009
Released at 7:00 a.m. Eastern time in The Daily
January 2009 (Previous release)

The loss in January follows other declines in recent months. Since October, employment has fallen by 213,000 (-1.2%), the result of full-time losses.

In January, the drop in employment was most pronounced in manufacturing, where the net loss totalled 101,000. There were declines in a number of other industries as well. The only industry with notable gains was health care and social assistance, where employment increased by 31,000.

Canada's three largest provinces accounted for the entire employment decrease in January. While just over half of employment losses were in Ontario (-71,000), there were also large declines in both British Columbia (-35,000) and Quebec (-26,000). Employment was little changed in all other provinces.

Employment fell mostly among core-age adults, 25 to 54 years, as well as among youths aged 15 to 24.

Full relase here.