Unemployment rate dips to 7.4 per cent

With the exception of the manufacturing sector, 2003 was a strong year for job growth: Statistics Canada
|hrreporter.com|Last Updated: 01/20/2004


he national unemployment rate edged down 0.1 percentage points to 7.4 per cent in December, according to the latest figures from Statistics Canada.

An estimated 53,000 jobs were created last month, mostly full-time. Over the last four months, 219,000 jobs have been added to the Canadian economy, four times the increase of 52,000 jobs seen over the first eight months of 2003.