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Canadian Unemployment Rate Falls as 54,000 Jobs Added

Stockhouse Editorial
0 Comments| 3 days ago


Canada’s unemployment rate notched down to 5.5% in September as the economy added 54,000 net new jobs, driven by gains in full-time work.

This from the national statistics office, Statistics Canada, which also released seasonally adjusted, three-month moving average unemployment rates for major cities, though it explains that this is based on small statistical data.
 

 

A quick look at September employment (numbers from the previous month in brackets):

  • Unemployment rate: 5.5% (5.7)
  • Employment rate: 62.1% (62.0)
  • Participation rate: 65.7% (65.8)
  • Number unemployed: 1,113,200 (1,160,100)
  • Number working: 19,165,200 (19,111,500)
  • Youth (15-24 years) unemployment rate: 11.9% (11.5)
  • Men (25 plus) unemployment rate: 4.5% (5.1)
  • Women (25 plus) unemployment rate: 4.3% (4.4)


Here are the jobless rates last month by province (numbers from the previous month in brackets):

  • Newfoundland and Labrador 11.5 %(13.1)
  • Prince Edward Island 8.8% (8.9)
  • Nova Scotia 7.2% (7.9)
  • New Brunswick 8.3% (8.6)
  • Quebec 4.8% (4.7)
  • Ontario 5.3% (5.6)
  • Manitoba 5.0% (5.6)
  • Saskatchewan 5.3% (5.1)
  • Alberta 6.6% (7.2)
  • British Columbia 4.8% (5.0)


By city:

  • St. John’s, N.L. 7.4% (7.9)
  • Halifax 5.7% (5.6)
  • Moncton, N.B. 5.5% (5.4)
  • Saint John, N.B. 7.9% (7.2)
  • Saguenay, Que. 6.2% (6.3)
  • Quebec 3.0% (2.6)
  • Sherbrooke, Que. 5.7% (5.2)
  • Trois-Rivieres, Que. 5.6% (5.5)
  • Montreal 5.5% (5.6)
  • Gatineau, Que. 4.3% (4.2)
  • Ottawa 4.4% (4.9)
  • Kingston, Ont. 6.0% (5.7)
  • Peterborough, Ont. 4.4% (4.3)
  • Oshawa, Ont. 5.2% (5.1)
  • Toronto 5.8% (5.9)
  • Hamilton, Ont. 5.0% (4.9)
  • St. Catharines-Niagara, Ont. 5.9% (5.8)
  • Kitchener-Cambridge-Waterloo, Ont. 6.1% (5.9)
  • Brantford, Ont. 3.6% (3.9)
  • Guelph, Ont. 5.2% (5.3)
  • London, Ont. 6.5% (6.3)
  • Windsor, Ont. 6.2% (6.0)
  • Barrie, Ont. 5.9% (5.2)
  • Sudbury, Ont. 5.7% (5.4)
  • Thunder Bay, Ont. 6.0% (6.4)
  • Winnipeg 5.3% (5.5)
  • Regina 5.7% (5.2)
  • Saskatoon 5.8 (5.8)
  • Calgary 7.1 (7.3)
  • Edmonton 7.3 (7.4)
  • Kelowna, B.C. 4.1 (4.4)
  • Abbotsford-Mission, B.C. 5.0 (5.1)
  • Vancouver 4.6 (4.4)
  • Victoria 3.2 (3.3)



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