Canada Jobless Rate Remains at 4-Month High of 5.7%

The unemployment rate in Canada remained unchanged at 5.7 percent in August of 2019, matching the high of April and in line with market expectations. Employment rose by 81,100, well above an expected 15,000 gain, driven by both full-time employment (+23,800) and part-time employment (+57,200).
Statistics Canada | Agna Gabriel | 9/6/2019 12:46:19 PM
In August, employment increased in Ontario (+58,000), Quebec (+20,000), Manitoba (+5,200), Saskatchewan (+2,800) and New Brunswick (+2,300), while it was little changed in the remaining provinces.

Following a decline in July, the number of private-sector employees increased by 94,000 in August, while the number of public-sector employees and self-employed workers held steady.

There were more people employed in finance, insurance, real estate, rental and leasing (+22,000); educational services (+21,000); and in professional, scientific and technical services (+17,000). In contrast, employment declined in business, building and other support services (-22,000).

Employment among youth aged 15 to 24 increased by 42,000, and among those aged 55 and over it went up 22,000 while employment among men and women in the core working ages of 25 to 54 was little changed. 

The labour force participation rate increased to 65.8 percent in August from 65.6 percent in July and compared with market expectations of 65.7 percent.

Canada Jobless Rate Remains at 4-Month High of 5.7%