Canada Unemployment Rate At 7.1% in December


Employment rose by 40,000 in December of 2012, the fourth increase in five months. The unemployment rate declined 0.1 percentage points to 7.1%, the lowest in four years.

Compared with 12 months earlier, employment increased 1.8% or 312,000, all in full-time work. Employment rose among private sector employees in December, up 59,000, while there was little change in public sector employment and self-employment. Employment also increased among core-aged men 25 to 54. Over the year, employment gains were shared among core-aged workers and those 55 and over, while employment among youths was unchanged.

 
Among industries, employment increased in transportation and warehousing as well as construction, while there were fewer workers in professional, scientific and technical services; natural resources; and public administration.

Statistics Canada | Nuno Fontes | nuno@tradingeconomics.com
1/4/2013 1:37:55 PM


Recent Releases

Canada Jobless Rate Drops to New 2008 Low of 6.2%
The unemployment rate in Canada fell to 6.2 percent in August of 2017 from 6.3 percent in July, beating market expectations of 6.3 percent. It reached a new low since October of 2008, the month prior to the 2008-2009 labour-market downturn. The economy added 22 thousand jobs, as more people were working in finance, insurance, real estate, rental and leasing as well as in transportation and warehousing.
Published on 2017-09-08

Canada Jobless Rate Lowest Since 2008
The unemployment rate in Canada decreased to 6.3 percent in July of 2017 from 6.5 percent in the previous month and better than market expectations of 6.5 percent. It is the lowest jobless rate since October of 2008. The number of unemployed persons fell by 23.5 thousand while employed rose 10.9 thousand, beating market consensus of a 10 thousand increase
Published on 2017-08-04

Canada Jobless Rate Falls To 6.5% In June
The unemployment rate in Canada decreased to 6.5 percent in June of 2017 from 6.6 percent in the previous month and below market expectations of 6.6 percent. The number of unemployed persons fell by 18.6 thousand while employed rose by 45.3 thousand, beating market consensus of a 10 thousand increase.
Published on 2017-07-07

Canada Jobless Rate Edges Up To 6.6%
The unemployment rate in Canada increased to 6.6 percent in May of 2017 from 6.5 percent in the previous month, which was the lowest since October of 2008. Figures came in line with market expectations. The higher unemployment rate results of more people participating in the labour market. The labour force increased by 78.4 thousand while the economy added 54.5 thousand new jobs. As a result, the number of unemployed increased by 23.9 thousand.
Published on 2017-06-09