Unemployment rate falls to 41-year-low of 5.7 per cent
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(Reuters) — Canada's economy added 78,600 jobs in December on gains in both full-time and part-time employment, according to Statistics Canada.
The jobless rate fell to 5.7 per cent, the lowest level since January 1976.
Employment in the goods-producing sector rose by a net 6,000 jobs, mostly in construction.
The services sector added 72,600 positions, mostly in finance, insurance, real estate and leasing.
|
|
December 2017 |
November 2017 |
|
Job gains/loss |
78,600 |
79,500 |
|
Full-time jobs |
23,700 |
29,600 |
|
Part-time jobs |
54,900 |
49,900 |
|
Unemployment rate |
5.7 per cent |
5.9 per cent |
|
Participation |
65.8 per cent |
65.7 per cent |
|
Labour force |
19.778 million |
19.725 million |
