Thanks to the addition of 14,000 new jobs in February, Canada’s unemployment rate dipped to 6.1 per cent, down from 6.2 the month before, Statistics Canada reported on Friday. Employment has been on the rise since August 2006 with average monthly gains of 42,000.
A quick look at February unemployment (previous month in brackets):
Unemployment rate: 6.1 per cent (6.2)
Number unemployed: 1,084,000 (1,096,500)
Number working: 16,743,500 (16,729,300)
Youth (15-24 years) unemployment: 11.0 per cent (11.7)
Men (25 plus) unemployment: 5.3 per cent (5.3)
Women (25 plus) unemployment: 4.9 per cent (4.9)
Here's what happened provincially (previous month in brackets):
- Newfoundland 14.3 (15.4)
- Prince Edward Island 10.1 (10.7)
- Nova Scotia 7.4 (7.8)
- New Brunswick 6.9 (8.1)
- Quebec 7.8 (7.7)
- Ontario 6.3 (6.4)
- Manitoba 4.3 (4.6)
- Saskatchewan 4.0 (4.1)
- Alberta 3.5 (3.3)
- British Columbia 4.0 (4.3)
Full article here.