Canada Unemployment Rate Falls in September


Canadian jobless rate decreased by 0.2 percentage points to 6.8 percent in September of 2014, the lowest since December 2008. Employment increased by 74,000, nearly all in full-time work.

In September, full time employment grew by 69,300 and part time by 4,800 as compared to the previous month. Private sector employment increased by 123,600, while self-employment fell by 55,600. Employment increased the most among youths aged 15 to 24 and women aged 25 to 54. 

Provincially, employment rose in Ontario, Alberta, Saskatchewan as well as Newfoundland and Labrador. There was little change in the other provinces.

There were more people employed in accommodation and food services; health care and social assistance; construction; natural resources; as well as finance, insurance, real estate and leasing. At the same time, employment was down in educational services.

In the 12 months to September, employment grew by an average of 13,000 per month, for a total increase of 150,000 (+0.8 percent). Over the same period, the number of hours worked rose slightly (+0.3 percent).

Canada Unemployment Rate Falls in September


Statistics Canada | Joana Taborda | joana.taborda@tradingeconomics.com
10/10/2014 1:56:35 PM