Canada Jobless Rate Remains Lowest Since 2008


Unemployment Rate in Canada remained unchanged at 6.20 percent in September of 2017, matching the low of October 2008. Employment grew by 0.1 percent or 10,000 to 18,454 Million. Gains in full-time employment (+112,000) in September were mostly offset by declines in part time (-102,000).

From August to September, employment increased for people aged 55 and older, while it fell among men aged 25 to 54.

For the second consecutive month, Ontario was the lone province with a notable employment gain. There were employment declines in Manitoba and Prince Edward Island.

The number of people working in educational services increased by 20,000 in September, primarily in Ontario and Quebec. Employment in the industry was similar to the level observed in September 2016.

Employment in wholesale and retail trade rose by 17,000 in September, bringing gains to 99,000 (+3.6%) since September 2016.
Employment in information, culture and recreation decreased by 24,000 in September. On a year-over-year basis, employment in the industry edged down by 20,000 (-2.5%).

Public sector employment rose by 26,000 in September, while the number of private sector employees was little changed. Compared with 12 months earlier, the number of private sector employees increased by 162,000 (+1.4%) and public sector employment rose by 103,000 (+2.8%).

The number of self-employed workers held steady in September, with year-over-year gains totalling 55,000 (+2.0%).

Anna | anna@tradingeconomics.com
10/6/2017 1:02:38 PM