Canada Jobless Rate Steady at 7.1% in December


Unemployment Rate in Canada remained unchanged at 7.10 percent in December of 2015. Employment edged up 23 Thousand or 0.1 percent to 18,010 Million.

In December, employment increased by 17,000 in health care and social assistance, 15,000 in educational services and 10,000 in finance, insurance, real estate and leasing. Conversely, employment declined by 14,000 in accommodation and food services and 7,900 in agriculture.

An estimated 29,200 new part-time jobs more than offset a 6,400 decline in full-time positions.

In December, the number of self-employed increased by 40,000, while the number of private and public sector employees was little changed.

In December, employment increased among people aged 55 and older and was little changed for the other demographic groups.

In December, the number of self-employed increased by 40,000, while the number of private and public sector employees was little changed.

Employment gains totalled 158,000 or 0.9% in 2015, slightly above the growth rate of 0.7% over the same period in 2013 and 2014.

Full-time employment rose by 151,000 or 1.0% in 2015, while part-time work was little changed. During the same period, the number of hours worked increased by 1.0%.

In the 12 months to December, the unemployment rate increased 0.4 percentage points to 7.1%. This increase was attributable to more people searching for work (+110,000). Over the same period, the participation rate increased 0.2 percentage points to 65.9%, while the employment rate was little changed at 61.2%.

Canada Jobless Rate Steady at 7.1% in December


Anna | anna@tradingeconomics.com
1/8/2016 1:56:10 PM