Decline in real estate jobs in January: StatsCan

In January, non-farm payroll employment slipped by 5,700 between December and January. The decline comes on the heels of four months of job gains averaging 24,100. The number of payroll employees in January was still higher than 12 months earlier, up 270,400, or 1.9%.

The payroll employment report detailed that there was a decline in the real estate and rental leasing sector of 1,900.

Only public administration payroll jobs declined at a higher rate, shedding 4,300 positions nationally.

Construction increased in payroll jobs, however, up 8,200 on the month and 32,300 on the year – a 4% increase.

Average weekly wages nationally for payroll jobs were up in January on a year-over-year basis by 4.2% to $870.33. This marked the sixth consecutive month with year-over-year growth at around 4%, according to Statistics Canada.

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