Canada's Unemployment Rate Falls to 7.1% in September


Following two months of little change, Canada's employment rose by 61,000 in September, all in full time. This increase pushed the unemployment rate down 0.2 percentage points to 7.1%, the lowest rate since December 2008.

In the 12 months to September, employment has grown by 1.7% (+294,000), primarily in Ontario and Alberta. Over this period, full-time employment rose by 2.5% (+344,000), part-time work declined 1.5% (-50,000) and total actual hours worked increased 2.0%.

September's employment increase was spread across a number of industries, with gains in educational services; professional, scientific and technical services; accommodation and food services; natural resources; and public administration. These gains were partially offset by declines in finance, insurance, real estate and leasing; manufacturing; and information, culture and recreation.

There were notable employment increases in British Columbia, Saskatchewan, New Brunswick and Prince Edward Island in September.

In September, employment increased among the self-employed and public sector employees. Compared with 12 months earlier, employment growth in the private sector (+2.2%) was faster than that of the public sector (+1.1%), while self-employment rose slightly (+0.6%).


TradingEconomics.com, Statistics Canada
10/7/2011 1:09:11 PM