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Almost 80,000 jobs lost in February: StatsCan

 

By The Canadian Press

 

OTTAWA - Non-farm payrolls lost 79,600 jobs in February, with manufacturing taking the worst hit, Statistics Canada reported Wednesday.

 

The agency said those losses continue a slump that began last October and which has cost 296,000 jobs. The agency's survey of non-farm, payroll employment found the biggest February drop was in manufacturing, where 19,300 jobs were lost. Since October, 99,700 manufacturing jobs have disappeared, a loss of 6.1 per cent. That figure is three times the rate of decline of total payroll employment.

 

Nearly a quarter of the manufacturing job losses came in the auto industry.

 

The survey said the number of employees working in motor vehicle parts manufacturing has fallen by 13,300 since October, while motor vehicle and motor vehicle body manufacturing has dropped by 10,200.

 

As of February, there were 111,500 employees in motor vehicle assembly and parts, down 65,000 or 37 per cent from the peak recorded in 2001.

 

The auto slump has echoes in related industries. Payrolls in auto repair shops are down by 5,000 since October. Auto dealers have cut 4,200 jobs in the period, while parts dealers have 2,300 fewer workers.

 

The construction sector lost 11,100 jobs in February.

 

There were more modest declines other sectors, including non-Internet publishing (4,800), credit intermediaries and related activities (4,300) and truck transportation (4,200).

 

But there were some job gains in health and education, including elementary and secondary schools, and community colleges and CEGEPs in Quebec.

 

The February losses came in all provinces, but Quebec, Ontario, Alberta and British Columbia took the worst hits.

 

Quebec lost 30,300 jobs in February, a 0.9 per cent drop. Ontario and Alberta each experienced a decline of 0.6 per cent, while British Columbia employment fell by 0.4 per cent.

 

While Quebec experienced the largest monthly decline, both Ontario and British Columbia had the biggest drop between February 2008 and February 2009.

 

Over the year, Ontario payrolls declined by 1.7 per cent or 97,800 jobs. The losses were mostly in manufacturing, with a 12.1 per cent drop of 94,000.

 

In British Columbia, payroll employment was down 28,400 or 1.5 per cent in February compared with a year earlier. Much of this decline was linked to forestry and its related industries.

 

Major communities in southwestern Ontario have all shown sharp losses and in March, Windsor had the highest unemployment rate of any large community in the country - 13.7 per cent.

 

Average weekly earnings, including overtime, of payroll employees in February was $820.95, up 1.8 per from February 2008. This was slower than January's year-over-year increase of 2.4 per cent.

 

From Yahoo news:

http://ca.news.yahoo.com/s/capress/0...ness/jobs_lost

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