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Philip Thong of National Instraments takes down information from Derek Sargent who will be graduating in the Spring of 2014 from electrical engineering at The University of Waterloo during the Partnerships for employment Job Fair at RIM Park in Waterloo on February 5, 2014.
Philip Thong of National Instraments takes down information from Derek Sargent who will be graduating in the Spring of 2014 from electrical engineering at The University of Waterloo during the Partnerships for employment Job Fair at RIM Park in Waterloo on February 5, 2014.
(Glenn Lowson For The Globe and Mail)

The good news and bad news about Canadian jobs numbers

It’s no secret that the quantity of new Canadian jobs has stalled in recent months. But maybe we should be more worried that the quality is eroding, too.

Statistics Canada this week issued its Survey on Employment, Payrolls and Hours (SEPH) showing that Canada’s nonfarm payrolls shrunk by 11,900 jobs in February, after a 3,000-job decline in January. On a year-over-year basis, payroll employment was up 132,000 – but for the past six months, jobs have increased on average by a measly 1,300 a month.