Canada’s Unemployment Rate Falls to 6.9% In September


In September of 2013, Canadian jobless rate declined 0.2 percentage points to 6.9 percent as fewer youths searched for work. Employment was little changed.

Employment was up 1.2 percent (+212,000) compared with 12 months earlier. During this same period, however, the employment rate was little changed, as employment and the working-age population grew at a similar pace.

Since September of 2012, the number of hours worked rose by 0.8 percent, as part-time employment grew at a faster pace than full time.

There were employment gains in finance, insurance, real estate and leasing as well as natural resources and agriculture in September. At the same time, there were declines in manufacturing and public administration.

In September, employment was up in New Brunswick and down in Saskatchewan, while there was little change in the other provinces. The number of private sector employees increased, while self-employment declined.

Canada’s Unemployment Rate Falls to 6.9% In September


Statistics Canada | Joana Taborda | joana.taborda@tradingeconomics.com
10/11/2013 1:40:08 PM