Following four months of little change, employment increased by 82,000 in March, mostly in full-time work. This brought the unemployment rate down 0.2 percentage points to 7.2%.
Compared with 12 months earlier, employment was up 1.1% or 197,000. Almost all of this growth was in full-time employment, up 181,000 (+1.3%), while part-time employment edged up. The total number of hours worked rose 1.6% over the same period.
Employment increased in Ontario, Quebec and Manitoba, while it declined in New Brunswick and Nova Scotia.
Employment
Over the same period, the unemployment rate increased from 5.1% to 9.0% in Yukon and rose from 6.3% to 8.7% in the Northwest Territories, as more people were looking for work. The unemployment rate in Nunavut declined from 17.3% to 15.3%, as fewer people participated in the labour market.
Unemployment rate
Read More @ Labour Force Survey, March 2012.
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Canada’s stalled jobs market roars back in March | Business | Reuters
Canada’s stagnant job market bounced back in March with a stunning 82,300 net new jobs, the biggest jump since September 2008, in a possible turning point for the economy that could put pressure on the central bank to raise interest rates.
The job gains, reported by Statistics Canada on Thursday, were spread fairly evenly across several sectors and were mainly in the private sector and in full-time positions.
Analysts surveyed by Reuters had forecast, on average, a gain of just 10,000 jobs in the month.
“Hibernation is over for Canadian employment. After a lengthy lull it’s come roaring back with a rather incredible gain,” said Doug Porter, deputy chief economist at BMO Capital Markets.
The jobless rate in the month dipped to a six-month low of 7.2 percent from 7.4 percent, compared with expectations for a rise to 7.5 percent.
Canadian jobs data tends to be volatile month-to-month and policy makers usually like to see the data over several months before declaring a trend.
via Canada’s stalled jobs market roars back in March | Business | Reuters.
Job Market Monitor 
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