Canada Unemployment Rate Unchanged in July


Canada jobless rate held steady at 6.8 percent for the sixth consecutive month in July of 2015, as widely expected. The economy gained 6.6 thousand jobs.

Compared with 12 months earlier, employment increased by 161,000 or 0.9%, the result of more full-time work. Over the same period, the total number of hours worked rose 1.2 percent. 

In July, employment increased among men aged 25 to 54 by 19,000, while there was little change among the other demographic groups.

Provincially, employment rose in Quebec and Nova Scotia. At the same time, there were declines in Saskatchewan, Manitoba, and Prince Edward Island.

Employment was up in professional, scientific and technical services as well as public administration. There were fewer people working in finance, insurance, real estate and leasing.

The number of self-employed workers rose in July, while there was little change among public and private sector employees.

The participation rate decreased by 0.1 percent to 65.7 percent. 

Youth unemployment rate rose to 13.2 percent from 12.9 percent in the previous month. 

Canada Unemployment Rate Unchanged in July


Statistics Canada | Yekaterina Guchshina | yekaterina@tradingeconomics.com
8/7/2015 1:56:46 PM