Canada lost 12,500 IT jobs in January. is IT still a good field to get into?
http://www.cbc.ca/news/business/canada- ... -1.3976297
The types of job
While job gains were pretty broad-based overall last month, some of the sectors that were shut out of the festivities are concerning.
Take manufacturing, always a key because it tends to spill over into other areas. Employment in manufacturing declined by 7,500 jobs in January, and is down 2.2 per cent in the past year.
The Bank of Canada has singled out exports as being key to Canada's long-term recovery, so for such a key export sector to be still lagging is troubling.
ANALYSIS: Why men aren't adapting well
Another sector, IT, also lost 12,500 jobs during the month, which is further reason for concern. As Bank of Montreal economist Doug Porter put it, the industry breakdowns are "sounding a bit of a sour note on the proceedings."