Canada Unemployment Rate At 7% in January


Following two months of gains, employment decreased slightly in January (-22,000). A decline in the number of people looking for work pushed the unemployment rate down 0.1 percentage points to 7.0%.

Compared with 12 months earlier, employment increased by 1.6% or 286,000, all in full-time work. Over the same period, the total number of hours worked rose 1.7%.

In January, employment declined in Ontario and British Columbia. At the same time, there were increases in Alberta, Saskatchewan and New Brunswick.

Public sector employment fell by 27,000 in January, while self-employment was up slightly and the number of private sector employees was little changed. Compared with 12 months earlier, the number of private sector employees increased by 1.9% or 210,000, while the number of public sector employees and self-employed was little changed.

There were fewer workers in educational services and manufacturing in January, while employment rose in construction and public administration.

After gains in recent months, employment among men aged 25 to 54 declined in January. Employment rose among men aged 55 and over and edged up among youths.


Statistics Canada | Duarte Ricardo | duarte.ricardo@tradingeconomics.com
2/8/2013 1:38:01 PM