Canadian Unemployment Rate Falls for the First Time in 2014


In March of 2014, Canadian jobless rate fell to 6.9 from 7.0 percent in the previous month and 7.2 percent a year earlier. Employment increased by 42,900, driven by gains among youths, compared with a loss of 7,000 jobs in February.

Compared with March of 2013, the number of people working rose by 190,000.
 
Youth unemployment rate remained at 13.6 percent, although employment rose by 33,000 among youths aged 15 to 24, while it was little changed for the other demographic groups.
 
Provincially, employment increased in British Columbia and New Brunswick, edged up in Quebec and fell in Nova Scotia.
 
There were more people working in health care and social assistance, and in business, building and other support services. At the same time, employment fell in agriculture. Public sector employment increased in March while the number of private sector employees and self-employed was unchanged.

Canadian Unemployment Rate Falls for the First Time in 2014


Statistics Canada | Isabel Felino | isabel.felino@tradingeconomics.com
4/4/2014 2:14:42 PM