January 2025 Payroll Employment and Earnings Statistics Released

Statistics Canada reports that payroll employment rose by 26,800 jobs, an increase of 0.1%, in January 2025. This rise follows a trend seen in December 2024. The service sector played a major role in this increase.

Average weekly earnings saw a year-over-year rise of 5.5%, amounting to $1,294 in January 2025. This increase is reflected across different sectors including education, health services, and professional services.

Regarding job vacancies, the figures stayed relatively stable from December 2024. However, compared to January 2024, vacancies have declined by 136,700, a reduction of 20.6%. The most notable decrease occurred in the accommodation and food services sector over the past year.

These findings provide a snapshot of the labor market in January based on data from Statistics Canada, outlining current employment and earnings conditions.