Reports are rightly in favor now, at least for the Canadian job market. It has been said that sixty nine thousand and two hundred jobs are created in the month of January, a figure which succeeded everyone’s expectations in terms of jobs created in the Canadian labor market. The Canadian job statistics further moved the nation ahead from rest of the developed nations in terms of coming out from the aftermaths of global financial downturn.
Figures speak correct; hence, trusting them, Canada witnessed 327,000 more Canadians in the employment sector since the first month of the year 2010. In addition to this, 467,000 more jobs came out since the downturn wrecked in July 2009.
The boost witnessed in the month of January of this month reached almost four times more than what the predictions came out from the mouth of the financial experts. Moreover, the growth is greatest since the month of April 2010. The great news is that an expected hike of fifteen thousand new jobs is on the cards.
According to a financial expert, Stefane Marion, no one expected these huge figures. Moreover, more and more employment options are expanding, re-coupling all the losses witnessed by the labor market.
This upward employment creation option has surely helped the Canadian dollar to rise too.
Well, refreshing news it is for the immigrants planning to live and work in Canada in the nearby time. Another economist feels that Corporate Canada is at its strongest at present, showing better than expected profitability in terms of the job market.