Canada Jobless Rate Steady at 7% in September


The unemployment in Canada was recorded at 7 percent in September of 2016 unchanged from August. The figure came in line with consensus as more people participated in the labour market (+69K) while employment rose (+68K) and the number of unemployed persons barely changed.

Unemployment barely changed from August up by 2,000 to 1,363.1 thousand while  employment rose by 67,200 to 18,116.7 thousand as part-time added 44.1 thousand jobs and full-time rose by 23,000 thousand. Meantime, labour force increased by 69,000 to 19,479.7 thousand.

Compared with September of 2015, employment rose by 139,000 (or +0.8 percent), with most of the gains in part-time work. Over the same period, the total number of hours worked edged up 0.2%.

Employment among youths aged 15 to 24 remained at 13.2 percent. The unemployment rate for this group was essentially unchanged compared with 12 months earlier. Over the same period, fewer youths were working (-35,000 or -1.4 percent). Employment among both men and women aged 25 to 54 held steady, while there were 19,000 more men aged 55 and older working in September.

Provincially, employment rose in Quebec, Alberta and New Brunswick. There was little change in the other provinces.

On a year-over-year basis, employment was up in public administration (by 22,000); educational services (by 17,000); industry (by 25,000); transportation and warehousing (by 8,300). In contrast, there were fewer people working in health care and social assistance (by -14,000) in September. 


Canada Jobless Rate Steady at 7% in September


Statistics Canada | Mojdeh Kazemi | mojdeh@tradingeconomics.com
10/7/2016 1:16:28 PM