Canadian Jobs Move to New Industries
The recession has shifted the areas of employment growth in Canada according to a new StatsCan study on the country’s job market.
The analysis found that the recovery following the 2008 recession did not affect all industries similarly, with most job growth being concentrated in a relatively small percentage of the economy.
In the 9 month recession that started in October 2008, over 431,000 jobs were lost in Canada. Over the subsequent 18 months, those jobs were recovered, but not in an even matter across all affected industries.
The number of jobs in health care and social assistance for instance expanded during not only the recovery phase, but also the recession, increasing by more than 150,000 over the whole duration.
Employment in professional, scientific and technical services contracted by 3,400 during the recession, but increased by more than 100,000 during the recovery.
In contrast, some industries have lower employment now than before the start of the downturn. Employment in agriculture declined in both the recession and the recovery phase, while manufacturing and natural resources jobs did increase during the recovery, but by a smaller margin than the decline in employment during the recession.