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March Job Report in Canada – Employment increased by 43,000 and UR at 6,9%

Employment increased by 43,000 in March, driven by gains among youths. The unemployment rate declined 0.1 percentage points to 6.9%. Overall employment growth in Canada has been subdued since August 2013.

Compared with March 2013, the number of people working rose by 190,000. Over this 12-month period, employment and the number of hours worked grew at the same pace, that is 1.1%.

Chart 1 Employment

In March, employment rose by 33,000 among youths aged 15 to 24, while it was little changed for the other demographic groups.

Provincially, employment increased in British Columbia and New Brunswick, edged up in Quebec and fell in Nova Scotia.

Chart 2 Unemployment rate

via The Daily — Labour Force Survey, March 2014.

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