Canada's job market shakes off recession fears, with 150,000 jobs added in January | CBC News

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Canada's job market shakes off recession fears, with 150,000 jobs added in January | CBC News
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Canada's economy added 150,000 jobs in January, blowing past expectations for the second month in a row.

Statistics Canada reported Friday that most of the jobs — more than 120,000 — were of the full-time variety.of 69,000 jobs the previous month. They were also ten times more than the amount of jobs that economists were expecting to have been added.

Booming demand in the construction sector comes as no surprise to Jenna Wood, director of human resources at TSX-listed construction firm Aecon Inc.The company has been in need of workers since even before the pandemic started, which is why it launched a training program targeting women, who are traditionally underrepresented in the industry.

"I just like the hands-on aspect of it. You're actually out there doing things and time kind of flies by when you are doing things like that," she told CBC News. "It's really helpful in the sense that you're building part of your community. You can look at things and say that, 'I built that.'"Aecon is investing in training programs to meet its need for workers, but construction is far from the only sector facing a labour crunch.

"We hear of some layoffs at some big tech firms but we're also hearing of many small- to mid-sized companies having trouble attracting ... high-skilled talent," the company's national director Michael French told CBC News in an interview."Even though there are some headwinds, we are finding that the job market is still very, very strong. Managers can't find the people they want.

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