On June 7th 2013, a report released by Statistics Canada showed an encouraging amount of new jobs which were added to the economy in the month of May. The report shows that 95,000 jobs were added to the private sector, which bucks earlier predictions by the majority of economists, which had expected only 150,00 jobs to be added during May. This lowers the unemployment rate federally just slightly- leaving it at 7.1 percent. Finance minister Jim Flaherty fell short of saying that employment was completely back on the right track, but it was a good start.

"May job’s numbers are a good sign that our economic policies are helping steer the economy in the right direction. Even better, the jobs created in May were mainly full time and in the private sector – the types of jobs that will help support a sustained recovery," Flaherty said.

Some issues to keep in mind regarding this new Statistics Canada job report, are quality of jobs created, as well as the issue of growth varying by region. The report does mention that nearly half the new jobs created- or more accurately, 42, 700 jobs- are in the construction industry, which means seeing growth is occurring in the labour industry, an arguably unskilled area.

Furthermore, nearly all of the gains created were in the provinces of Ontario, Quebec, and Alberta, which does skew the results as these outlier provinces which are experiencing a lot of growth, overshadow the plight of other provinces, and create for inaccurate results, and artificially enhancing the results.

Another factor to consider is the youth employment rate, which has been low since the 2008-2009 recession. Those between 15-24 are always hit the hardest during an economic downturn, and they are often the last group to recover when  the economy goes haywire. A May 10th article by Julian Beltrame for the Canadian Press and published by CTV news, claimed the jobless rate for young people between 15-24 was a whopping 21 percent. This figure includes those with part-time jobs (who want full time jobs), and those in unpaid internships. Flash-forward one month and Statistics Canada said the private sector had added 54,000 jobs for youth to the economy. Bank of Montreal Economist Doug Porter expressed cautious excitement over the report.

“Before racing to conclusions that the economy is suddenly on a tear, note that the spectacular monthly gain simply offsets a prolonged period of softness in Canadian jobs to start the year," said Porter.

While the report on the creation of new jobs is positive, if it is extremely regional both in industry and geographical location, there is still work to be done.