Ontario manufacturer Minus FortyClick image to enlargeA surge in employment in the manufacturing sector helped Canada's economy gain 58,000 jobs in May, the biggest gain in employment in seven months, according to the latest figures from Statistics Canada.

 Economists had expected a gain of just 10,000 jobs last month. A tick up in the participation rate saw the unemployment rate hold steady at 6.8 per cent.

According to RBC Economics assistant chief economist Dawn Desjardins, "employment gains were largest in manufacturing (+21,500), health care (+20,700), retail/wholesale trade (+16,800), finance, insurance and real estate (+12,700) and business/building services (+12,900)."

She adds that "the number of full-time employed increased by 30,900, building on April's 46,900 gain. Part-time employment rose in May by 27,900, partially offsetting the sharp 66,500 drop recorded in April. So far this year, full-time employment is up 71,800 with part-time employment rising 30,500. May's report showed that the job gains were concentrated in the private sector, which rose 56,800, while public sector job losses of 19,100 were largely offset by a 21,100 increase in self-employment."

Overall job creation was concentrated in the private sector, which added 56,800 positions, while the public sector lost 19,100 jobs. The participation rate edged up to 65.9 percent from 65.8 percent.

RBC Economics' Desjardins says the growth in employment is "impressive" because it occurred despite a decline in employment in the resource sector, specifically mining, and oil and gas.

Additive manufacturing for large parts

Cincinnati Inc. and a US laboratory have signed a partnership agreement to develop a large scale additive manufacturing system capable of printing polymer components up to ten times larger than currently producible, at speeds 200 to 500 times faster than existing additive machines.

Run to the limit with new angle encoder

Heidenhain has released smarter and faster versions of its RCN absolute angle encoders series for use in machine tools requiring high speed, accuracy and contamination resistance. 

Weld video library grows to more than 300

Xiris Automation Inc. has expanded its weld video library to over 300 videos.

Cut wood, metal, plastics or...cars!

The L.S. Starrett Co.’s 3X Power Bi-Metal reciprocating saw blades have teeth that cut more efficiently, able to cut up to three times more cuts than conventional blades. They are engineered for use on corded and cordless saws.

Can oil hit $100? Where prices are headed in 2019

Scotiabank’s Rory Johnston talks to the Financial Post’s Larysa Harapyn about the likelihood of oil reaching the $100 dollar threshold – and what it will take to get there.

FABTECH 2015: Automation, digital data integration steal the show

The message at FABTECH 2015 was clear: automate your processes, digitize your data and integrate new technologies to remain competitive.

Record number of small Canadian businesses short of skilled labour

The Canadian Federation of Independent Business (CFIB) says that more small businesses in Canada than ever are reporting that they face a shortage of skilled labour.

New Flyer gets $3.4 M for battery-electric bus technology

New Flyer Industries Inc., Winnipeg, MB, and its consortium partners are getting $3.4 million from the Federal government's Sustainable Development Technology Canada program to further develop rapid-charge battery-electric bus propulsion technology.

Fiber laser cutting: Beam Me Up

Everything about fiber laser technology is fast, forcing the rest of production to keep pace

Quebec aero supplier wins federal grant

Aerospace assembly manufacturer Avior Integrated Products Inc. has received $694,000 in federal financial support.

Intelligent welding system boosts productivity

An Austrian manufacturer of motobike chassis components has improved weld seam quality and increased welding productivity with the introduction of a welding system from Fronius, the TPS/i series.

Advanced manufacturing gets major financial boost

Ontario manufacturers will soon be getting support for advanced manufacturing practices through a newly announced Advanced Manufacturing Fund.

Historic Junkers aircraft flies again

Ninety-nine years after the maiden flight of the pioneering Junkers F 13 aircraft, a complete reconstruction of the airplane has been certificated for flight, Junkers has announced.

New Flyer acquires specialty vehicle maker

 

Manitoba bus manufacturer New Flyer Industries Inc. has acquired ARBOC Specialty Vehicles for US $95 million.

The Elegant Weld

by Nestor Gula

TIG welding is precise, clean, and even efficient

Stay In Touch

twitter facebook linkedIn