Unemployment Rate in Canada Held Steady in December


Employment edged up for the second consecutive month in December, with an increase of 22,000. The unemployment rate held steady at 7.6%. Compared with December 2009, employment increased by 2.2% (+369,000), following a decline of 1.1% the previous year.

There were notable employment increases in December in manufacturing; transportation and warehousing; as well as in natural resources. At the same time, there were declines in construction; health care and social assistance; wholesale and retail trade; business building and other support services; as well as agriculture.

Full-time employment was up 38,000 in December, the fourth increase in the past five months. Despite these recent gains, part-time employment has grown faster (+3.4%) than full time (+1.9%) over the past 12 months. Full-time employment accounted for 81% of total employment in December.

Increases in the number of private sector employees in December were partly offset by declines in self-employment.

Among the provinces, Quebec, Ontario and Newfoundland and Labrador saw employment gains in December, while British Columbia posted declines. Employment was little changed in the other provinces


Unemployment Rate in Canada Held Steady in December


TradingEconomics.com, Statistics Canada
1/9/2011 8:34:19 PM