Unemployment falls to 7.4 per cent

More full-time jobs, fewer part-time ones in January: Statistics Canada

The unemployment rate edged down 0.1 percentage points in January to 7.4 per cent, according to Statistics Canada.

Total employment was unchanged, though, because of a slight decline in the number of people looking for work.

More full time jobs, fewer part-time

The upward trend in full-time employment that began at the start of 2002 continued in January, with an increase of 34,000 jobs. Part-time employment, however, fell by 37,000 in the month.

Men aged 25 and over continued to gain jobs, with an increase of 26,000 as the unemployment rate among adult men fell 0.4 percentage points to 6.3 per cent.

The increase in employment for men was offset by slight declines among adult women, as 16,000 part-time jobs were lost. Employment also fell slightly among youths (down 12,000). The unemployment rate for adult women in January was unchanged at 6.1 per cent, the result of slight decline in the number of women looking for work.

Among youths, the unemployment rose 0.4 percentage points to 13.7 per cent.

Unemployment rates by jurisdiction

Newfoundland and Labrador: 17.9 per cent
Prince Edward Island: 11.1 per cent
Nova Scotia: 9.4 per cent
New Brunswick: 10.2 per cent
Quebec: 8.4 per cent
Ontario: 6.8 per cent
Manitoba: 4.9 per cent
Saskatchewan: 5.8 per cent
Alberta: 5.5 per cent
British Columbia: 8.2 per cent

To read the full story, login below.

Not a subscriber?

Start your subscription today!