CANADA UNEMPLOYMENT RATE REMAINS At 7% in FEBRUARY


Employment rose by 51,000 in February, following a slight decline the previous month. This increase was spread between full- and part-time work. The unemployment rate remained at 7.0% as more people participated in the labour force.

Compared with 12 months earlier, employment grew by 1.9% or 336,000, predominantly in full-time work. Over the same period, the total number of hours worked also increased by 1.9%.

Provincially, employment increased in Ontario, British Columbia, Nova Scotia, New Brunswick and Prince Edward Island, while Manitoba saw a decline.
 
Employment gains in February were in professional, scientific and technical services; accommodation and food services; public administration; and agriculture. Manufacturing was the lone industry to post a notable decline.
 
In February, there were more people working as employees (+39,000), while the number of self-employed was little changed. Compared with 12 months earlier, the number of private sector employees rose by 236,000 or 2.1%, and public sector employment increased by 72,000 or 2.0%. Self-employment was little changed over the same period.
 
Employment increased among people aged 55 and over in February, while it was little changed among youths and people aged 25 to 54.

Statistics Canada | Duarte Ricardo | duarte.ricardo@tradingeconomics.com
3/8/2013 1:35:31 PM