Canadian job growth revised up, part-time growth persists

The Canadian economy created slightly more jobs than previously thought in 2016, with much of the growth coming from part-time employment, though economists expect some of that deterioration in the quality of jobs to dissipate this year. Canada added 229,000 jobs as of the end of 2016 compared with December the year before, according to revised data from Statistics Canada. "It definitely softens the picture of labor market strength," said Robert Kavcic, senior economist at BMO Capital Markets.