Canada's Unemployment Rate Drops to 7.6% in April


Following two months of little change, Canada's employment rose by 58,000 in April, mainly in part time. The unemployment rate edged down 0.1 percentage points to 7.6%. Compared with April 2010, employment has grown by 283,000 (+1.7%).

There were gains in finance, insurance, real estate and leasing as well as in business, building and other support services in April. Employment was essentially unchanged in the other industries.

In April, Ontario and Newfoundland and Labrador were the only provinces with notable employment gains. At the same time, employment declined in Nova Scotia and Manitoba while there was little change in the remaining provinces.

The number of employees rose in both the private and public sectors in April. Over the past 12 months, employment in the public sector has grown by 2.8% compared with 1.6% in the private sector, while self-employment was little changed.

Employment in part time increased by 41,000 in April, and it edged up in full time. Over the past 12 months, full-time employment grew by 1.9% compared with 0.8% in part time.

With April's slight gain, full-time employment has returned to the level of October 2008 for the first time. The total number of hours worked, however, remained 0.6% below its October 2008 level.

Employment was up among women aged 55 and over in April, while it changed little for the other demographic groups.


TradingEconomics.com, Statistics Canada
5/7/2011 11:32:28 AM