Job creation is at worst Because payroll survey, 2009 recession suggests

Posted by on July 28, 2017

Employers aren’t on a hiring spree that is crazy according to new data.

Employers generated an average of 11,000 new jobs per month for the first five weeks of this year, based on Statistics Canada’s Survey of Employment, Payrolls and Hours (SEPH) for May, published on Thursday.

The weak jobs data imply that “paid employment creation up to now this season is the worst because the 2009 downturn,” said Krishen Rangasamy, senior economist with National Bank of Canada.

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