Canada Jobless Rate Rises to 7% in August


Canada's unemployment rate unexpectedly increased to 7.0 percent in August of 2015 after being steady at 6.8 percent for six consecutive months. An increase of 54,000 in full-time employment was mostly offset by a decline of 42,000 in part-time work.

The unemployment rate increased to its highest level in a year as more people searched for work.

Compared with 12 months earlier, employment was up by 193,000 or 1.1%. Over the same period, full-time work increased by 318,000 (+2.2%) while part time declined by 125,000 (-3.6%). At the same time, the total number of hours worked rose 2.1%.

In August, employment increased among women aged 55 and older, while it edged down for men and women aged 25 to 54. There was little employment change among the other demographic groups.

Provincially, employment rose in Saskatchewan, Newfoundland and Labrador, Manitoba and New Brunswick. There was little change in the other provinces.

Employment increased in public administration and educational services, while it was little changed in the remaining industries.

The number of public sector employees was up in August, while self-employment edged down. At the same time, private sector employment was little changed.

The participation rate increased to 65.9 percent from 65.7 percent in the previous month. 

Youth unemployment rate decreased to 13.1 percent from 13.2 percent in the previous month. 

Canada Jobless Rate Rises to 7% in August


Statistics Canada | Yekaterina Guchshina | yekaterina@tradingeconomics.com
9/4/2015 1:51:46 PM