Canadian Unemployment Rate Down to 7.1% in August



In August of 2013, employment increased by 59,000, mainly in part-time work, and the jobless rate declined 0.1 percentage points to 7.1 percent. Over the six months to August, employment gains averaged 12,000 per month, lower than the average of 29,000 observed during the preceding six-month period.

Provincially, employment increased in Ontario and Alberta, while it declined in Manitoba.

Employment in health care and social assistance rose in August, offsetting a decline in July. There were also more people working in information, culture and recreation; accommodation and food services; and in construction. At the same time, there were fewer employed in educational services; "other services"; finance, insurance, real estate and leasing; and agriculture.

Employment gains were concentrated among people aged 55 and over, while there was little change among youths and people aged 25 to 54.

The employment rate of returning students aged 15 to 24 was up slightly this summer compared with last summer, but still low compared with rates prior to the 2008/2009 labour market downturn.

Canadian Unemployment Rate Down to 7.1% in August


Statistics Canada | Joana Taborda | joana.taborda@tradingeconomics.com
9/6/2013 1:38:49 PM